Wednesday, 6 July 2011

Australian Real Estate Bubble Popping — Marc Faber urged investors to short ANZ

http://realitylenses.blogspot.com/2011/07/australian-real-estate-bubble-popping.html

Marc Faber, publisher of the Gloom, Boom & Doom report, last month urged investors to short-sell Australia & New Zealand Banking Group Ltd. (ANZ) shares, citing excessive household leverage and an overvalued property market.

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