A veteran market commentator, Faber earned his moniker after repeatedly warning about the 1987 stock market crash, which eventually came to pass. Since the 1970s, he has been publishing bearish forecasts, initially for personal use, during a time when many Americans were largely unaware of foreign exchange dynamics and the dollar’s valuation against gold and European currencies.
SIP additions at a six-month high amid rising churn
In August, the number of new accounts for systematic investment plans (SIPs) soared to a six-month peak, marking significant activity. Nevertheless, the year-on-year growth showcased