Subscribe via Email:

Wednesday, April 16, 2014

Bad market crash warning

I think there are some groups of stocks that are highly vulnerable because they're in cuckoo land in terms of valuations. They have no earnings. They're valued at price-to-sales. And this is not a good metric in the long run.
I think it's very likely that we're seeing, in the next 12 months, an '87-type of crash. And I suspect it will be even worse.

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

Popular Posts