Saturday, March 5, 2016
Marc Faber: I believe in The Rally
Marc Faber expects rising share prices - in the short term! "The stock markets were extremely oversold in February," Dr. Doom said in an interview with CNBC. "From this oversold levels, we can expect a short rally." However Faber limits: "If we see new highs, then this recovery will be supported by very few shares." Faber had warned at the end of the interview with the STOCKHOLDERS before a crash in the markets. He saw nowhere in the world growth. Furthermore, most stocks were overvalued. Later Faber put by: "In the next boom, we can wait a long time. I will not live to see. "
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