{"id":45645,"date":"2013-06-27T04:40:37","date_gmt":"2013-06-27T03:40:37","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/breaking-news\/30-s-and-p-drop-coming\/45645\/"},"modified":"2013-06-27T04:40:37","modified_gmt":"2013-06-27T03:40:37","slug":"30-s-and-p-drop-coming","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/breaking-news\/30-s-and-p-drop-coming\/","title":{"rendered":"30% S and P Drop Coming?"},"content":{"rendered":"\n


\n A 20-30% S&P Drop Coming?
Marc Faber on the state of the markets<\/span><\/span><\/b><\/span><\/p>\n

\n
\n \"\"<\/a>
\n <\/p>\n

\u00a0<\/p>\n

Dr.
\n Marc Faber, the Swiss fund manager and publisher of the ‘Gloom,
\n Boom and Doom Report’ always enjoys illuminating the Wall St. talking
\n heads and displaying his awesome command of numbers, dates and predictions.<\/span><\/p>\n

The
\n Fed’s ‘tapering’ comments have ramped up market volatilaty and Faber
\n gives some advice for short and long-term strategies. For example:
\n “”The best course of action is to actually not buy anything, but
\n rather to reduce positions on a rebound,” Faber said: Also, “New
\n highs in emerging markets and in high yield bonds are out of the
\n question, and if it happened in the S&P, which I don’t believe,
\n it would be driven by very few stocks. Longer term, the market is
\n far from oversold. It still has considerable downside risk everywhere,”
\n he said.<\/span><\/p>\n

Finally,
\n buy more gold……he is. (6:31)<\/span><\/p>\n

June
\n 27, 2013<\/i><\/span><\/p>\n

Dr.
\n Marc Faber [send him
\n mail<\/a>] lives in Chiangmai, Thailand and is the author of Tomorrow’s
\n Gold<\/a>.<\/i><\/span><\/p>\n

Copyright
\n \u00a9 2013 Daily Reckoning<\/a><\/span>\n <\/p>\n

The
\n Best of Marc Faber<\/span><\/a><\/b><\/span>
\n
\n <\/span><\/p>\n<\/td>\n

This article originally appeared on: Lew Rockwell<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A 20-30% S&P Drop Coming?Marc Faber on the state of the markets \u00a0 Dr. Marc Faber, the Swiss fund manager and publisher of the ‘Gloom, Boom and Doom Report’ always enjoys illuminating the Wall St. talking heads and displaying his awesome command of numbers, dates and predictions. The Fed’s ‘tapering’ comments have ramped up market […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[487],"tags":[],"class_list":{"0":"post-45645","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-breaking-news"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/45645","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=45645"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/45645\/revisions"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=45645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=45645"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=45645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}