Marc Faber says: "My sense is that at the present time, the US market is relatively expensive compared to foreign markets, especially to European markets and to emerging markets. On a cyclically-adjusted P/E [price-to-earnings] basis, it is actually going to return very little over the next seven to 10 years. -
in CNBC
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
No comments:
Post a Comment