The volatility arises because we had the Nasdaq bubble, the housing bubble, the stock market bubble, the commodity bubble...and usually when the bubble burst like after 1929or after the late 60`s, you have a period of very high volatility for about 10 to 15 years before the market settles down and reignites the uptrend. - in CNBC
Related: iPath S&P 500 VIX Short-Term Futures ETN (NYSE:VXX), United States Oil Fund LP ETF (NYSE:USO), PowerShares QQQ Trust, Series 1 ETF (NASDAQ:QQQ)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
