Tuesday, September 9, 2014
Marc Faber : The World Economy will Slow
Marc Faber believes in the signal from the bond market: A slowdown is imminent. However, it relies on shares of Asia and of gold mines, as he explains in an interview with "Finanz und Wirtschaft".
Now he lives in Thailand Swiss Marc Faber is considered by many market participants as a permanent pessimist. In fact, the expert system expected in conversation with "Finanz und Wirtschaft" once more a correction in the U.S. stock market. Still, he was allowed to warm for Asian shares or the securities of Goldmineuren. Almost euphoric sounds its recommendation for real estate stocks in Hong Kong, acting at discounts of up to 40% on the net asset value. Mr. Faber, in May 2013, the mere announcement of the Fed to scale back the monthly bond purchases, a shock wave has passed through the financial markets. Now the tapering is nearing completion, and the S & P 500 marked new all-time high. Is no problem?
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.
Dr. Marc Faber Tomorrow's Gold
Dr. Marc Faber author of the Gloom, Boom and Doom report is a world class Investor, Doctor Faber 's typically controversial and contrarian views have earned him the label of Dr. Doom. Doctor Doom also trades currencies and commodity futures like Gold Natural Gas and Crude Oil.Even his harshest critics must admit that he's been unerringly correct in his market forecasts over the past three decades . Marc Faber is a Swiss investor.He was born in Zurich, Switzerland. He went to school in Geneva and Zurich and finished high school with the Matura. He studied Economics at the University of Zurich and, at the age of 24, obtained a PhD in Economics magna cum laude. Between 1970 and 1978, Dr Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. Since 1973, he has lived in Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In June 1990, he set up his own business, which acts as an investment advisor and fund manager. Faber is publisher of the Gloom Boom & Doom Report newsletter and is the director of Marc Faber Ltd which acts as an investment advisor and fund manager.