MARC FABER

MARC FABER

Tuesday, January 27, 2015

Marc Faber: U.S. Dollar, Assets Prosper, but Not Economy




Marc Faber, editor and publisher of “The Gloom, Boom & Doom Report,” talks with Tom Keene about the U.S. economy and global interest rates. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)




Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.

Monday, January 26, 2015

Marc Faber: U.S. Financial Assets Prospering, Not Economy

Air Date: January 26th, 2015





Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.

Marc Faber Warning : QE has Grossly inflated Asset Prices



This year could be the year when investors lose confidence in central banks' ability to engineer a sustained economic recovery, Marc Faber said in a presentation in London.


So far, London and New York property, as well as equities, have "reacted very well" to the Fed's quantitative easing efforts, "but that doesn't boost the wealth of the nation and it leads to less social cohesion," he warned.

"One of the problems of this liquidity injection is that the Fed can force relatively responsible central banks to print money," Faber added.


QE has "grossly inflated" asset prices and as a result U.S. equities as "highly expensive," Faber said. A sustainable recovery should be based on investment rather than on consumption, but companies will find it more difficult to boost profits in the current economic climate, he added.





Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.
MARC FABER BLOG

Dr. Marc Faber Tomorrow's Gold







Dr. Marc Faber author of the Gloom, Boom and Doom report is a world class Investor, Doctor Faber 's typically controversial and contrarian views have earned him the label of Dr. Doom. Doctor Doom also trades currencies and commodity futures like Gold Natural Gas and Crude Oil.Even his harshest critics must admit that he's been unerringly correct in his market forecasts over the past three decades . Marc Faber is a Swiss investor.He was born in Zurich, Switzerland. He went to school in Geneva and Zurich and finished high school with the Matura. He studied Economics at the University of Zurich and, at the age of 24, obtained a PhD in Economics magna cum laude. Between 1970 and 1978, Dr Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. Since 1973, he has lived in Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In June 1990, he set up his own business, which acts as an investment advisor and fund manager. Faber is publisher of the Gloom Boom & Doom Report newsletter and is the director of Marc Faber Ltd which acts as an investment advisor and fund manager.