02 August, 2011

The US Treasury Market Is Telling You That The Economy Is In Recession

The Treasury market is telling you that the economy is in recession. So if the bond market is telling you that the economies of the Western world are weakening, but at the same time the stock market is still relatively high, I think the stock market is vulnerable. - in CNBC

Tickers: SPDR S&P 500 ETF (NYSE:SPY), ProShares UltraShort S&P500 (ETF), (NYSE:SDS) ProShares UltraShort QQQ (ETF) (NYSE:QID), iShares MSCI Emerging Markets Indx (ETF) (NYSE:EEM), ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF), (NYSE:TLT), United States Oil Fund LP (ETF) (NYSE:USO)

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.