Thursday, May 19, 2016

Marc Faber: The Fed is obsessed with the Stock Market







The Fed "said a rate hike is on the table so they can watch the market reaction," Faber said Wednesday on CNBC's "Trading Nation." "If we are, in June, 10 to 20 percent lower in stocks and bond yields are up, they're not going to move. If, on the other hand, the market is relatively stable and moves up from here, maybe not to new highs but above 2,000 on the S&P, they will probably move," he said, referring to a level that was actually 48 points below Wednesday's closing price. "They're very much market dependent in my opinion."






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. they will probably move," he saidhttp://goo.gl/Tj0fGC

    ReplyDelete
  2. they will probably move," he saidhttp://goo.gl/Tj0fGC

    ReplyDelete
  3. Alright, but if the market moved to the different way, what does Fed is going to do? He can lose control belong this deed and left without nothing. However, I try to believe that he find out this process.

    ReplyDelete

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.