The Warning of Dr. Doom, Marc Faber

Marc Faber, known as ‘Dr. Doom’ for his pessimistic views of equity markets, has warned investors that US stocks are vulnerable to a seismic selloff, which could start any moment. The Swiss investor doesn’t expect the rally’s disruption to be evoked by any catalyst, as the markets are overbought and sentiment is way too bullish for the so-called Trump rally to continue. “Very simply, the market starts to go down. As it goes down, it will start triggering selling, and then it will be like an avalanche. I would underweight US stocks,” Faber said in an interview with CNBC. This … Continue reading The Warning of Dr. Doom, Marc Faber