“The market in February became extremely oversold, and from this extremely oversold position, we can have a relatively strong rally,” Dr. Marc Faber said in an interview with CNBC on Wednesday.
“If new highs happen, they will happen with very few stocks participating,” Faber told CNBC.
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.
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