Tuesday, August 23, 2011

Marc Faber: Stock Market Rally Could Last Longer

Marc Faber is interviewed by Bloomberg on the 23rd of August 2011.

He said that due to technical the current rally could carry on for a while.

He also said that both extra bear and bull are likely to be disappointed, as we are not likely to revisit the May 2011 highs nor test the lows of March 2009.

Finally, he discusses about what he expects from the Federal Reserve meeting in Jackson Hole later this week.

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