Tuesday, June 25, 2013
The FED's Game of Printing Money will continue for a long time , but the impact on the Asset Markets, that is the question
"In my view the global economy isn't growing much, as is evident from the sales report of McDonald's, Caterpillar," he said. "The market is a discounting mechanism. It has already discounted QE unlimited. The impact of continuous monetary easing is diminishing." "(The Fed) will continue to print in my opinion. I don't think they will have an exit strategy, ever. There is no exit. They are so deep into essentially monetizing the U.S. debt. The U.S. Treasury and the U.S. Fed is one and the same. This game will continue for a long time but the impact on the asset markets, that is the question."
Marc Faber told yesterday CNBC's "Squawk on the Street " :Click here to watch the full interview >>>>> : http://www.marcfabernews.com/2013/06/marc-faber-sees-stock-buying-opportunity.html
Posted by Nicole Bourbaki