Marc Faber, author of The Gloom, Boom & Doom Report, highlighted that everything, including FAANG stocks and collectibles, is inflated. He predicted negative returns on US equities in real terms over the next seven years and suggested investing in precious metals to maintain purchasing power. He advised focusing on capital protection rather than high returns.
Hy-Tech Engineers IPO Day 3: GMP at 57%, subscription reaches 19.33x. Should you subscribe?
The Hy-Tech Engineers IPO entered its third day of bidding on August 26, with the issue subscribed 19.33 times by the end of Day 2.