“We are in a mild recovery and markets are a discounting mechanism. And we have already doubled in the S&P from the low. So on the improvement, maybe the market sells off.” - in www.beaconequity.com
Related: ProShares UltraShort S&P500 (ETF) (NYSE:SDS), SPDR S&P 500 ETF (NYSE:SPY), iPath S&P 500 VIX Short-Term Futures ETN (NYSE:VXX)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.