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Marc Faber Warns: Beware a Stock Market ‘Avalanche’

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Posted by Marc Faber via CNBC

on Tuesday, 28 February 2017 16:30

If the U.S. stock market begins to move lower, it could trigger an ‘avalanche’ type move, according to The Gloom, Boom & Doom Report’s Marc Faber. 

Marc Faber, the editor of "The Gloom, Boom & Doom Report," predicted the rally's disruption won't be caused by any single catalyst. His argument: Stocks are very overbought and sentiment is way too bullish for the so-called Trump rally to continue. "Very simply, the market starts to go down. As it goes down, it will start triggering selling, and then it will be like an avalanche," said Faber recently on "Futures Now." "I would underweight U.S. stocks."

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...related: 

MAJOR WARNING: Public Now Gambling “All In” On Stocks! Last Time This Happened Stocks Collapsed 23% In Just 4 Trading Days!


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