Q: Would you say the second half is going to be more challenging?
Marc Faber : I think this doesn’t have a large impact on the stock market.
Infact it could be actually be mildly positive. But I think the markets
position in the world, in other words, stock markets position is not
very favourable at the present time. We have many markets that are
rolling over.
We have had essentially the S&P making a new high in early April
at 1,422. But most of the other markets in the world didn’t exceed the
May 2011 highs. So, if you would build an advance/decline line of all
stock markets in the world, it would be in a downtrend. And I think that
the markets for the next one-two months will be going lower.- in CNBC-TV18 interview 24 Apr 2012
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