Consensus view: “you can’t go wrong being exposed to equities right now”

The discussion in this clip reveals the prevailing Perma-bull nonsense (nervously espoused by the head-in sand-host who may be worried that another bear market may well threaten his job as already dwindling market-news-viewers finally turn off).

Marc Faber, editor & publisher of The Gloom, Boom & Doom Report, says you have to look at the details of the economic numbers because what is published doesn’t necessarily reflect reality. He also warns that the goal is not to own stocks when the consensus sees no reason for them to go down, but rather, when the consensus can see no reason for stocks to go up. Here is a direct link.

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