Marc Faber: Markets could Bear in Oct – Nov

Marc Faber Markets could Bear in Oct - NovThat is right and there normally, I’m even now positive about economic development in the emerging universe. However what disturbs me currently is that at the end of August, sentiment was really bad globally and people mentioned that Dow will fall to 1000 and so forth etc. Quickly today, the consensus is that you have to be in gold , you have to be in equities , you have to be in property due to the fact central banks all over the world will print money.

That’s right, they’ll printing money. However sentiment has become so globally bullish that about almost all property, including particularly rising economies in US dollar words are up. The Indian share market this current year has already been bull 19%, Philippines,Indonesia , Thailand each over 40% and Malaysia 28%,

We curently have large moves and I observe all of the brokers improving the earnings estimates and so on. So I become a small amount concerned relating to this universal bullishness. I would rather think that following a strong month of September – when everyone was anticipating Sept to be a awful month – Oct as well as Nov may be harmful months.

During the past, Oct has regularly been a unfortunate month such as we’d the Oct 1987 bear, we had the late Sept-first Oct 1929 bear. In 1976 as well as 1978, we’d extremely bad months in Oct as well as Nov. So who understands, from this current bullishness, we could have some type of a sharp correction developing. (Marc Faber)

Be Sociable, Share!
Tags:

Stock Market Basics For Beginners

Stock Splits

Stock Splits [ad name="468x15- 5 link"] what is a stock split? A stock split is really a procedure helpful to enhance the number of stocks in order to issue ...…

Why Do I Need To Take Investment Risk?

Why Do I Need To Take Investment Risk? [ad name="468x15- 5 link"] While most evident when markets are falling, threat is ever-present. However, it’s not something you want to avoid totally because without risk, ...…

Mutual Funds

Mutual Funds Why  you need a expert or a financial planner to select the funds & timely review them because even a 3% difference in the Portfolio ...…

Delisting of securities

Delisting of securities The word 'Delisting of securities' indicates permanent elimination of securities of a listed firm from a stock exchange. As a result of delisting, the securitie's ...…

Who makes the Offer Documents / Prospectus?

Who makes the Offer Documents / Prospectus? Commonly, the public issues of firms are maintained by "Merchant Bankers" who are accountable for obtaining the project estimated, finalizing the value of the projects, ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV
web
analytics