Monday, July 14, 2014
Marc Faber : You Never Know what will trigger a Bull Market or a Bear market
Marc Faber : "I think it's a colossal bubble in all asset prices, and eventually it will burst, and maybe it has begun to burst already,""Obviously I've been wrong in the sense that I expected a correction to occur over the last two years, and it hasn't happened since October 2011, when the S&P was at 1,074. We've gone up in a straight line, without a larger correction than 11 percent, and I think we're not going to have a correction, but we're going to have a bear market," he said.
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