Friday, March 14, 2014
VIDEO -- Faber: Not a good time to buy US Equities
Marc Faber: Unchecked bull market leads to big declines : Not a good time to buy US equities
The Gloom, Boom & Doom Report publisher Marc Faber shares his thoughts on the U.S. stock market and his investment strategy for Treasurys. "I would say it's a better time to get out of stocks than into stocks," Faber says.
"These types of bull markets without a correction usually lead to more than just a correction," Faber said on "Squawk on the Street." "Just in the last six months there has been euphoria for U.S. equities," Faber said. "My view is that it's not a good time to buy U.S. equities. ... It's a better time to get out of stocks than into stocks."
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.
Posted by Nicole Bourbaki