Monday, April 13, 2009

Faber Says U.S. Stocks `Overbought,' Sees Correction

April 13 ( -- Marc Faber, managing director of Marc Faber Ltd. and publisher of the Gloom, Boom and Doom Report, talks with Ken Prewitt about the performance outlook for the stock market.

Faber also discusses the impact of the civil unrest in Thailand on the country's financial markets. (Source: Bloomberg)

00:00 "Negative impact" of civil unrest
02:05 Thailand's baht, impact on global markets
03:30 Equities "overbought," correction to follow
05:58 Commodities, financial stock investments

Running time 07:24

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