Dr. Marc Faber told Yahoo Finance there's very few opportunities to make money in the market right now. Faber, however, is confident we won't "see 666 on the S&P 500 ever again." He says "if we go down by 10-20% on the S&P 500, our money printer Ben Bernanke will flood the market, weakening the dollar," and thereby driving up stock prices.
If you are going to put money to work in stocks he thinks Japan is the place to be. After a 20 year bear market and despite high-debt-to-GDP levels, he thinks the market has become too cheap to ignore. Always a contrarian, Faber believes the lack of interest in Japanese stocks makes it one of the most compelling buys in the world.
Related ETF`s: ProShares UltraShort S&P500 (ETF) (Public, NYSE:SDS), iShares MSCI Japan Index (ETF) (Public, NYSE:EWJ), SPDR S&P 500 ETF (Public, NYSE:SPY)
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