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REPORT ABUSIVE REPLY
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Dr. Doom warns of stock market selloff 'avalanche'
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Anonymous Coward |
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Marc Faber, known as 'Dr. Doom' for his pessimistic views of equity markets, has warned investors that US stocks are vulnerable to a seismic selloff, which could start any moment. The Swiss investor doesn’t expect the rally's disruption to be evoked by any catalyst, as the markets are overbought and sentiment is way too bullish for the so-called Trump rally to continue. More at link: [ link to www.rt.com (secure)] PS: i want to have a PhD in Doom faculty too! WAIT? WUT? “One man alone, he cannot make 'America great again.' That you have to realize. Trump, unlike Mr. Reagan, is facing huge, huge headwinds — including a debt to GDP that is gigantic, as it is in other countries,” he said. Faber lists rising interest rates and record earnings and margins as additional risks to the historic rally.
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