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Dr Marc Faber explains the market correction
Posted on 09 April 2009 with no comments from readers
Legendary investment adviser Dr. Marc Faber thinks the S&P will drop to 750 before the rally resumes. He thinks financials are looking oversold. Treasury bonds are now in a bear market that will last 15-20 years. Asian markets should be bought on setbacks.
Posted on 09 April 2009
Categories: Banking & Finance, Bond Markets, Investment Gurus, US Dollar, US Stocks, Video Channel
no Comments posted by readers:
I agree, Asians have more cash on hand. Asian markets will always be the first to rebound. Just look at the Taiwan stock index performance over the last 1-3 months.