Thursday, January 16, 2014
Low Interest Rates boosted Corporate Profits
Marc Faber : “The Global economy is slowing down, because the global economy’s largely emerging economies nowadays, and there’s no growth in exports in emerging economies, there’s no growth, in the local economies,” Faber explained. “So, I feel that the valuations are high, the corporate profits have been boosted largely because of the falling interest rates.”
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.
Posted by Nicole Bourbaki