Showing posts with label Marc Faber. Show all posts
Showing posts with label Marc Faber. Show all posts

Thursday, March 29, 2007

Bear

"Financial stocks are not performing well and this is usually a bad indicator for the market". Marc Faber has said that. And when we have this kind of figures: A measure of financial shares has retreated 5.9 percent since Feb. 20. We are in a bear market.

Rising oil prices, real estate burst and "war on terror" never ending story, we will se S&P in a bad shape.