Saturday, August 29, 2015

Marc Faber : Not Much Good News for Canada



Dr. Marc Faber says U.S. equity markets are currently "extremely oversold" and that a short-term rebound may be in the mix, but he argues more pain is likely to emerge. He also highlights precious metals as the one asset class that may offer a glimmer of hope for commodity-producing economies such as Canada and some safety for investors looking to shield their investments.
"There's not much other good news for Canada at the present time," he said.

Source : http://www.bnn.ca/News/2015/8/21/Faber-warns-of-global-gloom-as-Chinas-economy-sputters.aspx





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.

3 comments:

  1. Canada will not benefit from US as US is also in same boat. The Region that looks interesting now is Iskandar in Johor State of Malaysia.

    It will benefit from the Spill Over effect of Strong Sing Dollar. Now One Sing Dollar equals 3 Ringgit.

    Iskandar's FDI for Manufacturing also increased tremendously due to being the "next Shenzhen"

    In Year 2013 FDI was Rm14.4 Billions
    In Year 2014 FDI increased to Rm21 Billions
    For 1H (6 months) of 2015 FDI Jumped to Rm27 Billions!

    I think the Only Place to Boom on Planet Earth is Iskandar

    ReplyDelete
  2. I live in Singapore but visit Iskandar everyday. Please visit my blog on Iskandar at www.jbhouseforsale.com

    ReplyDelete
  3. This comment has been removed by the author.

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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.