Marc Faber, Gloom, Boom & Doom Report, says uncertainty is sweeping the markets with fewer stocks supporting the market's advance. Also Faber sees a slowdown in China and no growth in other Asian economies. The problem in the U.S. is affordability, adds Faber.
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.