Friday, September 11, 2015
Marc Faber: Beware The 'Stealth Bear Market'
"Indices are close to a high, but if you look at the 12-month new highs and the 12-month new lows, even in the last two days when the market rallied, there are far more 12-month new lows than new highs," Faber said Monday on CNBC's "Trading Nation."
"This weakness in the overall market … will strike. Eventually we will end the year substantially lower," 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