Financial conditions are today worse than they were prior to the crisis in 2008. The fiscal deficits have exploded and the political system in both the U.S. and Europe has become completely dysfunctional. - in MarketWatch
Related assets, SPDR S&P 500 ETF (NYSE:SPY), ProShares UltraShort S&P500 (ETF) (NYSE:SDS), iShares MSCI Emerging Markets Indx (ETF) (NYSE:EEM), Financial Select Sector SPDR (ETF) (NYSE:XLF)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
