I wonder WHO on Earth would have faith in the US administration. Certainly, not someone who thinks!

More great stuff from Marc Faber. Here's another interview on Indian television where he discusses different markets around the world:

Faber says a correction in oil and materials stocks is already underway, they are below May/June peaks.
I'd also like to point out that the Euro has been trading in a very narrow range against the US dollar. Since June we are at the same level essentially, around 1.4300. And I believe in the next 10 days to 2 weeks, we'll get big moves in markets and I wouldn`t be surprised if the dollar would for a change strengthen and equity markets would correct and possibly quite meaningfully so.

No comments:

Post a Comment