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.