Monday, January 30, 2017
Marc Faber: Travel Ban to have Negative Impact on US Assets
"I think this travel ban, psychologically, will have a very negative impact in the long run on the U.S. dollar and U.S. assets."
"As we go into 2017, the consensus is that inflation will go up … And you want to be overweight U.S. stocks … but protectionism, I guarantee you, is not going to be good for the U.S."
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