Seeking Alpha

Stock markets have already digested a significant amount of very bad news, so there's no reason...

Stock markets have already digested a significant amount of very bad news, so there's no reason to fear an impending collapse, says Marc Faber. A rare turn for the uber-bear, who's know for his dire predictions. "My view is simply: relax." We have major support going back to August 2010, and even if the S&P does manage to drop, the Fed will just step in with another round of quantitative easing.
Comments (31)
  • Josh Krause
    , contributor
    Comments (1361) | Send Message
     
    The Fed will save us all. Prosperity through Dollar destruction!
    19 Jan 2012, 08:07 PM Reply Like
  • WMARKW
    , contributor
    Comments (10252) | Send Message
     
    Long Live the Fed !!!!! ;-(
    19 Jan 2012, 10:06 PM Reply Like
  • WMARKW
    , contributor
    Comments (10252) | Send Message
     
    There are no problems in the world that $50 or $100 Trillion of Fed produced digital dollars can't solve.....right? I mean.....we don't have to worry a bit about bank solvency.....do we?
    19 Jan 2012, 10:10 PM Reply Like
  • Greg Herman
    , contributor
    Comments (75) | Send Message
     
    You mean they can keep giving more of the country's total net worth to themselves and TBTF... but they can't force TBTF to loan this out or people to start borrowing... More excess reserves at the FED... at the current rate the FED and TBTF will own many many more mortgages with a bad economy in the future... all short-term term band aids that will do nothing...
    19 Jan 2012, 11:29 PM Reply Like
  • Greg Herman
    , contributor
    Comments (75) | Send Message
     
    this amount might actually make TBTF solvent again if they actually marked their assets to market value
    19 Jan 2012, 11:31 PM Reply Like
  • srimes
    , contributor
    Comments (109) | Send Message
     
    When the permabears turn bullish....
    19 Jan 2012, 08:09 PM Reply Like
  • DVW
    , contributor
    Comments (157) | Send Message
     
    Exactly!
    19 Jan 2012, 08:14 PM Reply Like
  • untrusting investor
    , contributor
    Comments (9923) | Send Message
     
    Faber is a surprise with this commentary.
    19 Jan 2012, 09:08 PM Reply Like
  • Buddy Canuspare
    , contributor
    Comments (398) | Send Message
     
    So now Marc's part of the conspiracy?
    19 Jan 2012, 09:17 PM Reply Like
  • 867046
    , contributor
    Comments (398) | Send Message
     
    Quantitative easing for now, is the only way to ameliorate the effects of a fixed dollar exchange rate with China.
    19 Jan 2012, 08:14 PM Reply Like
  • wyostocks
    , contributor
    Comments (7641) | Send Message
     
    I really don't know if this is good news or bad.
    19 Jan 2012, 08:23 PM Reply Like
  • Buddy Canuspare
    , contributor
    Comments (398) | Send Message
     
    Let me guess, you went to private school.
    19 Jan 2012, 09:19 PM Reply Like
  • SlingWing9
    , contributor
    Comments (473) | Send Message
     
    Democrats are circling the wagons.
    19 Jan 2012, 08:25 PM Reply Like
  • MATOSA
    , contributor
    Comment (1) | Send Message
     
    Yes, let's return to the ole days of bush when we didn't created a single job.
    19 Jan 2012, 08:44 PM Reply Like
  • wyostocks
    , contributor
    Comments (7641) | Send Message
     
    Let me guess, you went to public school.
    19 Jan 2012, 09:01 PM Reply Like
  • WMARKW
    , contributor
    Comments (10252) | Send Message
     
    Goodness....matosa....do you not understand that corporations have been working for decades to allow cheap labor to take the jobs from the high priced, "rich" Americans.
    19 Jan 2012, 10:08 PM Reply Like
  • SA reader
    , contributor
    Comments (176) | Send Message
     
    Now is prob. a great time to go short. Faber is kind of a crackpot anyway.
    19 Jan 2012, 08:31 PM Reply Like
  • Buddy Canuspare
    , contributor
    Comments (398) | Send Message
     
    Only when he turns bullish - when he's bearish, he's brilliantly insightful.
    19 Jan 2012, 09:21 PM Reply Like
  • JCH57
    , contributor
    Comments (47) | Send Message
     
    Man, all we need now is Jim Rogers and Nouriel Roubini both giving us the all clear.
    19 Jan 2012, 08:33 PM Reply Like
  • Econdoc
    , contributor
    Comments (2944) | Send Message
     
    Rosenberg and Schilling
    19 Jan 2012, 09:11 PM Reply Like
  • Tack
    , contributor
    Comments (12769) | Send Message
     
    econ:

     

    Somebody will have to revive them with smelling salts before they can report.
    19 Jan 2012, 09:18 PM Reply Like
  • Canary Cash
    , contributor
    Comments (471) | Send Message
     
    This is pretty much the end. http://bit.ly/xGD4FA
    19 Jan 2012, 08:39 PM Reply Like
  • SlingWing9
    , contributor
    Comments (473) | Send Message
     
    Roubini is as bearish as ever. That's the thing about him we can always count on - permabear.

     

    http://bit.ly/zaapgn
    19 Jan 2012, 08:49 PM Reply Like
  • Vetopower
    , contributor
    Comments (39) | Send Message
     
    Caesar..........
    18 one line posts.............
    Do you want me too respond.............
    Ok your majesty.........
    market can go up..............
    market can go down.............
    either way it doesn't matter............
    Is that allright with you.........
    19 Jan 2012, 10:09 PM Reply Like
  • det9
    , contributor
    Comments (45) | Send Message
     
    The circus would go on till Unemployment goes down to <8% and Obama would win. Then what ?
    19 Jan 2012, 10:24 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    We might as well take our profits at that point.
    19 Jan 2012, 11:10 PM Reply Like
  • oiletftrader
    , contributor
    Comments (56) | Send Message
     
    I will be attending a dinner next week and Mr. Faber will be speaking. I will put the highlights for fans of Mr. Faber on my instablog. Stay tuned.
    20 Jan 2012, 12:03 AM Reply Like
  • thechaser
    , contributor
    Comments (461) | Send Message
     
    of course Faber is part of the cabal; he's the "flavor" commentator

     

    why the heck you think Barrons keeps him on their leash

     

    just another small item to insure complacency and a 17 vix with the ducks primed for the oven

     

    and i'm no bear, not with 10 to 1 on the long side
    20 Jan 2012, 12:03 AM Reply Like
  • Skull & Bones
    , contributor
    Comments (59) | Send Message
     
    Marc Faber was merely pointing out the fact that the market is no longer reacting negatively to bad news....the reasons don't really matter...just that the market has changed. His comment about the FED launching QE3 the minute trouble starts brewing again clearly indicates that the road to Hell and hyperinflation will probably be a long and gradual one......a slow motion train wreck unfolding over the next decade or so.....kind of like Japan the last 20 years.
    20 Jan 2012, 01:45 AM Reply Like
  • User 91589
    , contributor
    Comment (1) | Send Message
     
    The impact of QE will eventually lose its power... Will the Fed start giving money away to people to spend?.....Wake up....
    20 Jan 2012, 04:19 AM Reply Like
  • det9
    , contributor
    Comments (45) | Send Message
     
    I wish I have some of that help with my mortgage and car payments!!
    20 Jan 2012, 07:34 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|