Stock markets are trading at all-time highs and heading for their ninth straight year of record valuations, but one famed investors - known to many as Dr. Doom - is not falling for the hype.
"The fact that a market goes up does not necessarily mean it will continue to go up," Marc Faber, editor & publisher of "The Gloom, Boom & Doom Report," said on Monday.
The famed invesor is referring to U.S. stocks, which are still clocking in record highs with the S&P 500 and Dow Jones last seen at 22,929 points and 2,555, respectively. Faber's comments also come just three days away from a major anniversary in financial market history - Black Monday. In October 1987, both the S&P and the Dow crashed over 20% in a single day. Could markets see a repeat?
The hint of easing inflation has produced a spike in Asia's most-battered market, with a tweak of China's Covid quarantine rules thrown in for good measure.
The likelihood that big-name celebrities and investment firms will suffer significant losses due to FTX's troubles illustrates why it's always best to do your own due diligence before investing.
Let's look at the Dollar Index, the emerging markets exchange-traded fund and the bout of volatility.
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