Tuesday, June 9, 2009

High Risk In Entering Equities -Marc Faber

Marc Faber was interviewed this morning by the Asian TV CNBC-TV18. Marc Faber sees a high risk in entering equities now and is quoting as saying..
“This is not a good time to enter equities, except for traders.”
Marc Faber also believes that commodities are also about to top out. This comes at a time when many resource stocks have more than doubled from the November and March lows and some have even tripled. Thus, Dr. Faber believes that it is not an very attractive entry point to buy commodities and commodity-related stocks. (more)

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