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Wednesday, September 10, 2014

A Bull Market frequently goes on for longer than expected

The market hasn't had more than 11 percent correction since October 2011. A bull market frequently goes on for longer than expected. The current bull market is very old, we have been going up since March 2009. This bull market is more than Five years old. The one thing I can say is we are in an ageing bull market, and the economic recovery has lasted longer than the typical recovery or expansion phase over the last 100 years. Now can the bull market go on for a while because of additional money printing...possible... but in my view for asset prices to go up, the Federal Reserve actually has to increase the asset purchases and not taper and that is quite difficult politically to do. - See more at: http://www.marcfabersblog.com/#sthash.kKEuDGN0.dpuf





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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