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Friday, December 27, 2013

Marc Faber is Sounding Like a Reluctant Bull

Amid all the steady-as-she-goes predictions for the S&P 500 SPX -0.01% Marc Faber is predicting U.S. markets could rise another 20% from here.

But unless you have the temerity to get in then get out quick, it’s already too late to profit.

“They may go up another 10%, maybe even 20%, but the risks have increased significantly and I don’t think equity investors in the U.S., aside from a short-term trading opportunity, will reap very high returns in the future,” said Marc Faber, outlining his expectations for 2014 in an interview with King World News on Monday. Since 2010, said Faber, U.S. markets have massively outperformed compared to emerging economies.

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


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