Markets May Have A Serious Setback
Basically, I think QE3, which I think is unlimited, and bond purchases
by the ECB bailout of countries have been largely discounted by the
market, and the markets have been weaking technically, so I believe that
we may have here quite a serious setback. - in CNBC
Related: iShares MSCI Emerging Markets Index ETF (EEM), SPDR SP 500 ETF (NYSE:SPY)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.
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