Friday, May 22, 2015
We Are in a Stock-Picker's Market
"My sense is that we had very strong bull market last year and that the market is now essentially fully priced. Now, this does not mean that there are not here and there stocks that can still go up. In generally, in the world, I believe that we are moving into an environment where indices do not perform particularly well because of their elevated level, but that it is a stock-picker's market where some stocks still offer some traction,"
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