Meb Faber Says Bear Markets Can Purge Excesses and Aid Recovery

Meb Faber argued at Dirtcon that bear markets can purge excesses and support recovery, while highlighting foreign stocks and small-cap equities as overlooked areas in the market. Faber, co-founder of Cambria Investment Management, said downturns can eliminate unproductive investments and help markets recover. He also criticized the complexity of exchange-traded fund (ETF) structures. His presentation covered bear markets, overlooked parts of the market and ETF design. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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