We Are At The Beginning Of A More Meaningful Correction

Right now, investor sentiment if anything is rather bullish, the market is overbought, insider selling is very high and the technicals have deteriorated in the sense that in the latest rally,the number of new highs has diminished significantly and so, I rather think that we are at the beginning of a more meaningful correction. - in Bloomberg Radio
Related, SPDR S&P 500 Index ETF (SPY), iShares MSCI Emerging Markets Index ETF (EEM)



Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.