Wednesday, September 30, 2015

Stocks Will be Lower By Year End

Faber said that if the stock market continues to drop further, the Federal Reserve may have to implement another round of quantitative easing.

Yet while Faber says stocks will be lower by the end of the year, he believes the market's recent bounce could continue.

"I think the market may rebound further, it was very oversold a week ago," he said.

- Source, CNBC