Stocks and gold (and gold shares) are likely to bottom out within the next ten days. Expect a relief rally to between 1370 and 1400 for the S&P 500 (see Figure below). New highs are most unlikely. Suggest using rallies to reduce equity positions. Bonds and the US dollar are overbought and are likely to correct when equities rebound.
Ahí os dejo en tiempo real lo que ha mandado Marc Faber a sus lectores hace pocos minutos. Veremos si acierta.
