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Friday, July 10, 2009
Marc Faber July Gloom Boom and Doom Update
Below is a summary of the July Gloom Boom and Doom update. Readers who are not subscribed to the newsletter will find these summaries interesting. We will try to post monthly summaries when and if they become available.
1 . Earlier this year it was easy to call for a strong rebound in asset markets. Markets were extremely over-sold and sentiment was extremely negative. This is no longer the case.
2. Bullish sentiment is higher than at the 2007 peak. (more)
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