“Until very recently, the Fed has had very few critics... Over the past few months a lot of critical comments have come up about the Fed and its money printing habits. But I bet you, if the S&P drops 20 percent, all the critics will be silenced, and they will applaud new money printing.” - in CNBC
Related: SPDR S&P 500 ETF (NYSE:SPY) , ProShares UltraShort S&P500 (ETF) (NYSE:SDS), ProShares UltraShort QQQ (ETF) (NYSE:QID)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
