“Near term, June, July, we could rally a bit, no new highs, and then we’ll have more weakness into October and November.”
in Bloomberg Radio, May 24
Related: PowerShares QQQ Trust, Series 1 (ETF) (Public, NASDAQ:QQQQ), SPDR S&P 500 ETF (Public, NYSE:SPY), ProShares UltraShort S&P500 (ETF) (Public, NYSE:SDS)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
