Thursday, June 14, 2012

Marc Faber : Corporates Bonds better than Government Bonds

Marc Faber : ...You can have a recession that has some inflationary symptoms in the system and so in a global recession what will also happen is that tax revenues will collapse and the fiscal deficit will go ballistic , so the quality of government paper will deteriorate , I think may be if you believe in bonds you might be better off in corporates bonds of high quality companies " says Marc Faber in 07 June 2012 on Bloomberg TV
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