Better Enjoy the Market Rally While You Can: FaberCNBC
Jan. 30, 2013
'Trump Was Right': Migrants Riot, Loot, Fight With Police And Set Cars On Fire In Sweden
Sweden's Migrant Crime Wave Becomes Top National Story As Media's Lies Backfire
FAKE NEWS: Trump Never Said There Was A 'Terror Attack' Last Night In Sweden
College Writing Center Director Says Proper Grammar is 'Racist'
Denmark: Resolution Passed to Prevent Danes From Becoming a Minority
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."