Saturday, September 7, 2013
Buying Bonds as a safety Trade
“Interest rates are no longer a tailwind” but are now “a headwind,” Faber declared, adding that yields will drop even further. In fact, he advocates buying bonds as a safety trade, because he thinks that after the market drops, deflation concerns will come to the fore.
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Posted by Nicole Bourbaki