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.
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