Monday, November 24, 2014
Marc Faber : We have Bubbles in Everything, Everywhere
“we have a bubble in everything, everywhere,” soon after the Dow Jones and the S&P 500 ended the day’s trading session at new all-time highs.“The big surprise will be that the global economy slows down and goes into recession. And that will shock markets,” said Faber, who added that there would be dire straits and a lack of confidence in the economies of the world if governments and central banks can’t recovery even with all of the money pumping by the Fed.
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