Sunday, March 8, 2009
Marc Faber - Stocks May rally soon
As a good contrarian, Dr. Faber argues that stocks may rally temporarily. Faber says that all the news coming out are pessimistic . Faber makes the a good point about stocks having already discounted catastrophic news in the future (in other words, market sentiments are very bearish)
Add that the fact that central banks will continue to print money, so from a liquidity point view we could see a rally.
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