Marc Faber : “I think the market will have difficulties to move up strongly unless we have a massive QE3,”
“If it moves and makes a high above 1,422, the second half of the year could witness a crash, like in 1987.” Faber told Bloomberg TV last week “If the market makes a new high, it will be a new high with very few stocks pushing up and the majority of stocks having already rolled over,” Faber said. “The earnings outlook is not particularly good because most economies in the world are slowing down.”
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