Wednesday, December 30, 2015
Marc Faber Outlook for 2016
Yellen showed a lot of confidence in the U.S. economy by raising interest rates this month for the first time in almost a decade. Many economists questioned the timing of Fed’s decision because the inflation rate is stuck near zero despite an expanding GDP. U.S. economic growth registered a 2% annual growth rate in 3Q 2015, down from from 3.9% in the previous quarter.
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