
U.S. stocks are overbought, , and any more near-term gains are going to be big trouble for the market. As we continue to move higher, the probability of a crash becomes higher as well. The next crash, he says, could be worse than the one that crushed world markets in 2008. “The next crisis could lead to a deflationary bust. And a bust in governments. In other words, we may have a total collapse in confidence in the system.” – in CNBC
It is not a very good time to Buy Stocks
Marc Faber: “We could on the S&P make a new high,” “but with very few stocks making new highs.” “It’s not a very good time to buy stocks,” Faber warned, arguing that stocks are not at the beginning of a bull market as many analysts have predicted on “Squawk Box” over the past few weeks. “The next crisis could lead to a deflationary bust. And a bust in governments. In other words, we may have a total collapse in confidence in the system.” – in a recent interview on CNBC
WE ARE JUST CLIMBING TO A HIGHER DIVING BOARD
WE ARE CREATING BUBBLES AND BUBBLES AND BUBBLES