Wednesday, November 7, 2012

Marc Faber The Markets to Crash within 12 Months

Marc Faber my view the euro is not a much desirable currency but the US dollar is not much better , if you look at the actions of central banks around the world it is very difficult to find any paper currency with which you can be particularly happy , and if the Chinese economy slows down more as I expect it will then you will also have easing in China and capital flight and may be the Chinese RMB will weaken so among the contest of who is the less ugly currency I would say the US Dollar for the time being but that does not change the fact that the US dollar was overbought recently and sentiments surrounding both European stocks and the Euro was extremely and I repeat extremely negative

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.


Related Posts Plugin for WordPress, Blogger...