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Marc Faber Sees a 20% Drop in Equities Coming

January 29, 2013 | About:

I think his short-term market predictions are a bit of crazy talk, but he certainly does have a nose for value. I much prefer Buffett's willingness to admit that he has no idea where stocks are going to go in the short term.

Nevertheless, Faber does see some places that aren't so bad to invest. These places include:

- Chinese, Vietnamese and Ukrainian equities

- Gold

He points out political risk in the Middle East as being a potential trigger to cause a stock selloff.

About the author:


Rating: 3.0/5 (2 votes)


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