Friday, June 5, 2015

Marc Faber: Forget a Fed Rate Hike; QE4 Coming

Faber also said the main problem hindering US growth is the lack of affordability in its major cities. "The prices have gone up so much that many cities in the US and Europe are not affordable anymore. What people do is spend money, but they don't go out too often; they go out once a week or so."

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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