Marc Faber Warns: 'Market Has Peaked Out'CNBC
Feb. 25, 2013
Black Guy Walks Into Starbucks, Calls Them 'Racist,' Demands Free Coffee, Gets It Immediately
Shania Twain Apologizes For Saying She Would Have Voted Trump
Laura Ingraham Interviews Comedian Who Requested Free Coffee From Starbucks As 'Reparations'
Report: Trump Asked Netenyahu If He Genuinely Cares About Peace
Southern Poverty Law Center Amasses Nearly Half A BILLION In Assets In Trump Era
The stock market has "peaked out" and bonds may be on their way to a rebound, Marc Faber, publisher of the Gloom, Boom & Doom Report, said Thursday on CNBC.
"I think we have made an intermediate top, and it could be a longer-term top," he said on "Fast Money."
"I don't think the market is as overbought as it was in '87, so I don't expect a crash. But I think for the time being, the market has peaked out, and I think in the meantime, bonds, which are extremely oversold, could rebound," he said.