Saturday, June 29, 2013

New Highs in Emerging Markets and in High Yield Bonds are out of the question

"New highs in emerging markets and in high yield bonds are out of the question and if it happened in the S&P, which I don't believe, it would be driven by very few stocks. Longer term the market is far from oversold it still has considerable downside risk everywhere,"   - in CNBC
Click here to watch full interview >>>>>>

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

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