Wednesday, June 22, 2016
The average American doesn't have much Money left after paying for Obamacare
"I think the market is fully valued," said the publisher of The Gloom Boom & Doom Report, explaining that factors such as a deteriorating global economy paired with high costs of living won't translate well for stocks. "The average American doesn't have much money left after paying for Obamacare and for rising rents and rising food prices," Dr. Marc Faber said during an in-depth interview on CNBC's "Halftime Report."
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