Stock Market Correction Can Continue As Things In Europe Worsen.

Marc Faber is out with his latest report which discusses his outlook for stocks, bonds, commodities, gold, and the dollar. Here are a few highlights:

Equity Markets--Last month, Faber was somewhat cautious on US stocks, saying that sentiment was overly bullish and vulnerable to a correction. So far, we have seen a slight decline in stocks as the QE euphoria fades and worries mount in the PIIGS. Faber thinks the correction could continue as things in Europe worsen. However, he does not expect the market to fall below the 1010-1050 range on the S&P 500 because of the Bernanke. Of all the developed markets, Faber likes Japan the most. He thinks a declining yen will help Japanese equities. Furthermore, Japan is under owned by institutions.

in IStockAnalyst

Related: iShares MSCI Japan Index (ETF) (NYSE:EWJ), SPDR S&P 500 ETF (NYSE:SPY) , ProShares UltraShort S&P500 (ETF) (NYSE:SDS), iShares MSCI Emerging Markets Indx (ETF) (NYSE:EEM)

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

The Impact Of The Property Bubble In China.

"We already have a property bubble in China, but that does not mean that the whole economy will go into recession. And I would add to it, that even if there is a slowdown in China, its an huge country, like the US was in the 19th century and still is, so you can have a some sectors of the economy going into recession and other sectors still expanding."

in Bloomberg

Related: iShares FTSE/Xinhua China 25 Index (ETF) (NYSE:FXI) , Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) , PowerShares Gld Drg Haltr USX China(ETF) (NYSE:PGJ)


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

US Stocks Will Not Make New Highs In The Near Term.

"I don`t think the (US stock) market will make a new high in the near term; but how far the correction will go, I don`t know"

in Bloomberg

Related ETFs: ProShares UltraShort S&P500 (ETF) (NYSE:SDS), ProShares UltraShort QQQ (ETF) (NYSE:QID) , SPDR S&P 500 ETF (NYSE:SPY) , Apple Inc. (NASDAQ:AAPL), Google Inc. (NASDAQ:GOOG) , Financial Select Sector SPDR (ETF) (NYSE:XLF), Direxion Daily Finan. Bear 3X Shs(ETF) (NYSE:FAZ) , Goldman Sachs Group, Inc. (NYSE:GS)

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

Inflation Is A Dangerous Situation.

"Inflation is a dangerous situation anywhere in the world, both for the poor people because they spend a higher percentage of their income on food and energy and also for the rich people whose cost of living is also going up very substantially."

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

October updates to the Investment Writing blog


If you’re not visiting my InvestmentWriting blog in its new location, you’ve missed the following posts over the last month:



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