Sunday, May 24, 2015

Faber : The US Economy has been decelerating over the last 6 Months

Marc Faber: The US economy has been decelerating over the last six months. Given this weakness and the backup in yields, I doubt if the Fed will increase rates this year. Rates will essentially stay where they are for the whole year. Furthermore, I would not be surprised if, at some point, they initiate another asset purchase programme or QE4.

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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