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Wednesday, March 21, 2012

Very Cautious on Equities

Right now, for the next one or two months, I don't think that stocks will go up a lot. I personally think they will correct. But long term, I still like Asia. My concern is if the Chinese economy slows down meaningfully that we could have economic weakness spreading around Asia as well, as well as in countries that supply commodities to China, like Australia, Brazil, Argentina, and so forth. Right now, say for the next two months, I'm very cautious. - in a recent interview with oilprice.com

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

MARC FABER BLOG

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