1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Canadian Value
Canadian Value
Articles (4624) 

Dr. Doom Marc Faber Thinks The Fed Has Lost Control of the Bond Market

August 11, 2013

Please ignore the fast trading fellow for the first 1:25 who is speaking so fast he must be paid by CNBC by the spoken word.

Faber joins the video at that point and has the following observations:

- Falling interest rates are no longer a tailwind for the stock market

- The Fed has lost control of the bond market (interest rates are starting to rise)

- He feels 2013 could be a repeat of the big crash of 1987

- Faber thinks that the only way the market can continue to higher is if a few mega large caps pull the load

- The majority of stocks have already started going down from their highs

- The one group of stocks that should appeal to people who want to buy low and sell high....that is the gold mining sector

About the author:

Canadian Value

Rating: 4.0/5 (2 votes)


Please leave your comment:

More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

User Generated Screeners

bkw82quality growing and cheap
TFC10% sharehold Yield
nycjacSmall companies
mvpfxshoot rog
James LiStrong Stocks 2017 version 2
James LiStrong Stocks 2017 version 1
pbarker46Shiller PE
pbarker46No losses for ten years
pbarker46BV growth
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)