Thursday, August 2, 2012

Marc Faber August 2012 Market Commentary

Marc Faber has just published the August 2012 market commentary on the website.

This month report is entitled "False Knowledge; it is more Dangerous than Ignorance." where he discusses the debate between the China “bulls” and the China “bears” with the China bulls accusing the China bears of ignorance. But a close analysis of the Chinese economy reveals a meaningful economic slowdown, which is likely to have a negative impact on growth in the region since most Asian countries have larger exports to China than to Europe or the US. Markets have become complex. Few stocks are still breaking out on the upside and a large number of stocks are breaking down. Caution is advised.

There are two attachments to this monthly market commentary (MMC):
  • "Market update July 2012" by Brett Heath of KSIR Capital 
  • A report about Oslo Bors a deep value stock, by Dov Plitman and Boris Zhilin at Armor Capital.
If you want to receive the Monthly Market Commentary (MMC) by Marc Faber, it is available for 300 USD per year

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