Some of the most respected prognosticators in the financial world are warning that what is coming in 2014 and beyond is going to shake America to the core. 1,179 more words
Tags » Marc Faber
We’ve recently been treated to two mutually exclusive forecasts: that the Great Bull Market will run until 2016 or 2018, so no worries; and that markets are exhibiting bubble-like characteristics that presage another crash. 1,052 more words
Marc Faber of the Gloom, Boom, & Doom Report says the current market conditions remind him of those that preceded the 1987 crash. “I’m afraid that nothing is safe anymore,” he tells FOX Business Network, adding, “The safety is in diversification.” Faber says it is “not a good time to buy stocks.” There is one asset he likes, however. 94 more words
As investors feel emboldened by the seemingly unstoppable stock market rally, they’re borrowing money at record levels to keep things going.
Margin debt—a measure of how much market participants are borrowing to buy stocks—has soared to $412.5 billion on the New York Stock Exchange. 710 more words