"There seems to be an inverse relationship between the savings rate and the stock market performance. When the savings rate is declining it is favorable for equities whereas when savings rate is increasing such as was the case in the late 1960`s, early 1980`s, and now, stock prices tend to move sideward or down."
in FT Alphaville
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world. Dr. Doom also trades currencies and commodity futures like Gold and Oil.