Marc Faber Warns: 'Market Has Peaked Out'CNBC
Feb. 25, 2013
Canadian State TV Hails 'Beige Horizon' With No White People
UK: Muslim Teacher 'Told Class Charlie Hebdo Victims Should be Killed for Insulting the Prophet'
FAKE HATE: Black Man Arrested For 'Racist,' 'Pro-Trump,' 'Nazi' Graffiti
Twitter User Replaces Word 'White' With 'Black,' Gets Banned
Afghan 'Refugee' Confesses to Rape, Murder Of 19-Year-Old German Girl
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.