Thursday, January 22, 2015
The S&P may make a new high sometime at The End of The Month , But ....
Marc Faber is still bearish on American stocks. Here's why. With CNBC's Jackie DeAngelis and the Futures Now Traders.
“I think, the S&P may make a new high sometime at the end of the month, but it would not be accompanied by the majority of stocks making new highs,” Faber said. “Last year, there were about as many stocks down as there were stocks up, and in my view we’ll have a lot of volatility this year.” Marc Faber told CNBC on Tuesday
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