Marc Faber warns : The S&P will close down on the year

"I think the s&p will close down on the year. The bull market is more than five years old. By any standard, this is a very old bull market. It is a weak recovery, a lengthy recovery, and by printing money, they have delayed the cleaning process. But I believe asset prices are unattractive."



Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.