“Doctor Doom” Marc Faber appeared on CNBC’s Closing Bell last Thursday. Dr. Faber, who became famous for advising clients to get out of the U.S. stock market one week before the October 1987 crash, shared his thoughts on the record run for equities. The Swiss-born investment adviser warned viewers:
You have recently, I think, Stan Druckenmiller, on the program. He’s a very thoughtful person, and I share his views “it will end badly.” But unlike Stan, I believe it will end badly this year.
“Marc Faber: ‘It Will End Badly This Year’”
By Christopher E. Hill, Editor
Survival And Prosperity (www.survivalandprosperity.com)
(Editor’s notes: Info added to “Crash Prophets” page; I am not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented herein.)
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