19 January, 2010

Stock Market: We Have A Lot Of Complacency

"I think that maybe the consensus is wrong and that we may have sooner then that (midyear) a correction. We have a lot of complacency, we also have to consider we are in a year ending in zero. These years are not particularly good for stocks and number two, mid-term elections, are also not good for stocks."in Yahoo Finance

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.