Dr. Doom Marc Faber discusses his outlook for U.S. stocks going forward.
-- U.S. stocks are poised to decline by 20% from their recent top.
-- Why? Corporate earnings are worsening.
-- Housing industry is improving but all other industries are suffering.
-- Federal Reserve policies are destabilizing versus stabilizing.
Here is the video:
About the author:
Dheeraj GroverI am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne