<<We're going to crash, IMO....maybe now, maybe next week, maybe next month....don't know and don't really care. It's rigged to blow baby.>> On this Faber disagrees(for this year), he sees us of having a grinding relentless negative fate ahead but sees total financial NOT in this year. i disagree with his seeing a huge rally following hitting SPX 920 area to 1250/130O--i, myself, howver, do see a post sell-off RALLY at moment to about 1112. Just to keep Faber expressed view right, his absolute gloom and doom, the Global Collapse, is a range as far away as 2114.
But he has said, it could happen anytime, but this has been but an aside--his time frame is in the 3-5 years area. Plus his move to 920 could work slowly down, over like a month. Just some FWIW yakety-yask. |