Infamous market prognosticator Marc Faber shared his views on stocks, gold, oil and much more during an in-depth interview on CNBC's "Halftime Report."
"I think the market is fully valued," said the publisher of The Gloom Boom & Doom Report, explaining that factors such as a deteriorating global economy paired with high costs of living won't translate well for stocks.
"The average American doesn't have much money left after paying for Obamacare and for rising rents and rising food prices," he said.
Other topics include:
- Risks associated with only a few companies propping up the market.
- Projections on where the stock market may go from here.
- His views on gold, bonds, oil stocks and overall valuations.
The broadcast interview can be viewed in its entirety here, but you must be a CNBC Pro subscriber.