Essentially what you could get in the world is worsening geopolitical and economic conditions.
Let's say Israel attacks Iran. It's a negative event, basically, but it could be countred by monetization everywhere in the world—in other words, liquidity injections. So stocks could go up while conditions worsen. This usually happens when you massively inflate the quantity of money.
But a mentally sound market in my opinion will only come about when the system has been cleaned and moved down after the financial crises of 2008. It's essentially just painting the building with fresh paint, but we haven't addressed the fundamental problem of the Western world, which is an over-indebted society. - in MoneyShow
Related, iShares MSCI Emerging Markets Index ETF (EEM), United States Oil Fund LP ETF (USO)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
