I think that near-term stock markets around the world are very, very oversold and most oversold since February, March 2009 and 1987. It doesn't mean that they can't go lower, but I think they will rebound. - in CNBC, August 9
Related Etfs: SPDR S&P 500 ETF (NYSE:SPY), iShares MSCI Emerging Markets Indx (ETF) (NYSE:EEM), United States Oil Fund LP (ETF) (NYSE:USO), PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ) , SPDR Dow Jones Industrial Average ETF (NYSE:DIA)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
