Marc Faber of http://www.gloomboomdoom.com was interviewed on CNBC on 5th August 2011.
He mentioned that the market has experienced huge technical damage and that any rebound (with or without an imminent QE3!) would likely fail to beat the May 2nd high on the S&P 500.
For contrarian insights into markets & political economy, see http://greshams-law.com .
@fuckoff187 Agreed!
GreshamsLaw 7 months ago
fuckin steve liesman talking shit mocking faber. liesman is a bafoon
fuckoff187 7 months ago