Sunday, June 3, 2012

Marc Faber : The Greek issue has been completely overplayed and misinterpreted

Marc Faber : Personally, I think that the Greek issue has been completely overplayed and misinterpreted. The climax of the Greek issue was in, say, October/November of last year and everybody was very bearish on what happened because of the bailout of Greece. And the market’s rising very strongly: we have more than 25% from the October 4th low when the S&P was at that one thousand and seventy-four. So I think that the Greek issue is not market determining. In other words, the market focuses on other issues that are more important. - in chrismartenson interview

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