Saturday, April 25, 2015

The Global Economy is Weakening Warns Dr. Faber

"The global economy is not strengthening. It is weakening," "China is weakening. The U.S. economic statistics recently have been on the weak side." China's economy grew 7 percent in the first quarter, its worst showing in six years. The Fed made a mistake in cutting short-term interest rates to almost zero, Faber said. "The monetary policies as conducted by the Fed have created a lot of unaffordability in the system," Dr. Marc Faber told CNBC recently . Read Latest Breaking News from Urgent: Rate Obama on His Job Performance. Vote Here Now!

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.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.


Related Posts Plugin for WordPress, Blogger...