I Don't Think People Should Buy Stocks
"I think we will go up until it's
over," Faber said. In 2013 "I wrongly predicted a 20 percent
correction—it hasn't happened. But I think when it's over, it will be
more than 20 percent."
Given that nuanced view, "I'm not yet
short, but I would look at essentially any rally here in the U.S. market
as an opportunity to lighten up on positions," Faber said. "And I don't
think people should buy stocks".
- Marc Faber in CNBC:
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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