Better Enjoy the Market Rally While You Can: FaberCNBC
Jan. 30, 2013
Photo Shows Harvey Weinstein Partying Together With Jeffrey Epstein And Ghislaine Maxwell
Rick Wilson Fantasizes About Putting Anti-Vaxxers in 'Re-Education Camps,' Seizing Their Kids & Property
IG Horowitz's Sham Report Says FBI Was Biased In Favor of Trump!
Trump Targets The Tyranny of 1.6 Gallons
Police Say New Jersey Shooting Kicked Off After Anti-Gun Police Unit Approached Stolen Van [UPDATED]
Investor "euphoria" is taking stocks higher but eventually will be their undoing, market bear Marc Faber told CNBC.
The author of the widely followed Gloom Boom & Doom Reportsaid the current rally, which has seen the Standard & Poor's 500 gain more than 5 percent in 2013 and 12 percent since its November 2012 low, is getting tired and will run out of steam soon.
"We are very overbought, but it is also possible that we have a mild correction in February and then a further increase in stock prices," Faber said on "Closing Bell."