Tuesday, December 31, 2013

US Treasuries Outlook: Overbought And Susceptible To A Large Correction

Despite being bullish on the US dollar, Faber does not reccomend treasuries, noting that they are overbought and susceptible to a large correction. - in Seeking Alpha, form the Gloom, Boom & Doom Newsletter

ETFs: ProShares UltraShort 20+ Year Treasuries ETF (NYSE:TBT) iShares Barclays 20+ Year Treasury Bond ETF (NYSE:TLT)

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

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