The Bear Market Is Starting': Marc Faber

The bear market is on its way back, economist and contrarian investor Marc Faber, the editor and publisher of The Gloom Boom & Doom Report told CNBC Tuesday.

Axel Griesch | ASFM | Getty Images Dr. Marc Faber

"The bear market is starting. When you compare equities to bonds and cash I don't think equities are very positive," Faber said in an interview.

The S&P 500 [.SPX 1240.47 -13.58 (-1.08%) ]has risen steadily since hitting its lowest point of the previous decade in March 2009.

Markets have been more turbulent in recent months as debt crises in both the US and the euro zone threatened to damage growth there. Read more