iBankCoin

Dr. Doom Turns Sanguine on Equities, Favors Oil Stocks Going Forward

Very sincerely, if I was bullish on equities I’d view this as a red flag to get the fuck out of dodge, before the market got upended by a most heinous drawdown. I only post Faber because I think he’s interesting. There are two types of people in this world, boring and interesting. I don’t value anything else, as far as character traits are concerned.

Oh, you’re smart?

Fuck you, so am I.

But now Faber is reducing his appeal by abandoning his end of days scenarios, for something far less ‘interesting.’ He likes gold and oil stocks and ‘feels’ everyone should own a diversified blend of real estate, stocks, bonds etc.

Fucking boring.

Dr. Doom is now bullish. Ergo, the market can now proceed down the rabbit hole into hell.

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11 comments

  1. fryguy15

    Faber is always on the tube BECAUSE he likes real estate, stocks and bonds… and gold. Shit that everyone owns

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  2. chuck bennett

    At Fryguy

    Find some money and but yourself a clue.

    Regards

    Chuck Bennett

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  3. roundwego

    Does faber trade? I just thought he was a just a tv character like cramer. Except from what i gather faber a bit more decadent as he gives thai sex vacations top billing.

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  4. stockslueth

    I would watch Faber more often if he was on Saturday mornings with all the other cartoons and clowns.

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  5. gapfiller

    So after 7 years of central banks doing shit that was unthinkable a decade ago, with him being bearish the entire time, NOW he says that “we don’t know how far central banks will take this?”

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  6. eddie murphy

    Clown 🙂 Hahahaha

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  7. iBergamot

    To be fair, Faber has been recommending this allocation for few years:
    stocks, bonds, real estate, gold. 25% in each
    Follow the link below for 1 year charts – looks pretty sensible to me

    http://stockcharts.com/freecharts/candleglance.html?SPY,TLT,IYR,GLD|D|0

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  8. thurstonhowell3rd
    thurstonhowell3rd

    Read the headline as “Dr Doom turns sanguiche on equities”

    Ah ha, once again the conservative sanguiche heavy portfolio pays off for the hungry investor!

    https://www.youtube.com/watch?v=e3QRTToTLzI

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  9. thegametheorist
    thegametheorist

    “Oh, you’re smart?

    Fuck you, so am I. ”

    ^^^^^^^^^

    The reason I’ve frequented this site for years.
    Comedy GOLD

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