Marc Faber leaning towards Shorting stocks

A lot of large caps stocks Mc Donald's MCD, Coca Cola KO, Walmart WMT, P&G PG most likely have peaked out. There are still stocks that show strength that could continue to appreciate. That momentum could bring a new high possibly around 1700. I wouldn't bet on it. If someone put a gun on my head and said you have to be long or short, I would take the short side.

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

Markets have Corporate bonds fully priced

The corporate bond market in emerging markets is fully priced. The high yield bond market in the last two weeks, has gone down by 6 to 7 percent. The equity markets in the Indonesia, Philippines, Thailand are in the sky. They are already expensive. Good companies they sell at 20 to 25 times earning, I don't think there's great value there.

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 buying Vietnam shares

I'm buying Vietnamese shares and I'm thinking of buying at some point Chinese shares. The good companies in China are also expensive, they are not cheap. Last November, I said to buy Japan shares. Since then Japan is up more than 70% and in dollar terms 30%. I want to buy more Japan on a setback.

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