Why is it that Warren Buffett is seemingly the only person who appears on CNBC who is smart enough to admit that he has no idea where the stock market will be 10 months from now?
Marc Faber was on CNBC today and he is very willing to provide some short-term projections.
Today Faber warned investors who are rushing into stocks to consider that the market has gone straight up for the past four years, and that these increases won't continue forever.
Faber thinks this year could quite likely be like 1987 when the market had a very strong rally through the first half of the year and then collapsed. Faber thinks this year will end badly for investors.
Marc Faber was on CNBC today and he is very willing to provide some short-term projections.
Today Faber warned investors who are rushing into stocks to consider that the market has gone straight up for the past four years, and that these increases won't continue forever.
Faber thinks this year could quite likely be like 1987 when the market had a very strong rally through the first half of the year and then collapsed. Faber thinks this year will end badly for investors.
