Friday, August 28, 2015
Marc Faber Warns -- The Global Economy Is Entering an Epic Slump
Dr. Marc Faber does not see this as a normal market correction. He believes this selloff is justified on the basis of the fact that economies everywhere are slumping. He also says there is no way that global economies are fine when commodity prices are plunging as badly as they are.Marc Faber predicts the next year is going to be an especially bruising one for investors, and recommends a combination of diversification and defense for those with financial capital to protect.
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.
Posted by Nicole Bourbaki