Sunday, March 22, 2015

Sovereign Funds will rather reduce their Positions in US Treasuries & Equities




“I think that most sovereign wealth funds will have significantly lower inflow in the next few years, than they had between 2007 and 2014, when their assets essentially doubled from around $3 trillion to over $7 trillion. But, I don’t believe there will be a huge selling pressure from sovereign funds,” said Faber. “In fact, my impression would be that sovereign funds will rather reduce their positions in US treasuries and US equities because that’s where they are overweight. They are not overweight really in emerging markets.” - Marc Faber said in a recent Bloomberg interview


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.

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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.