Thursday, April 27, 2017
Marc Faber - I'm amazed that people are so optimistic
The US economy is ‘terminally ill,’ here’s where you should invest instead: Marc Faber "I'm actually amazed that people are so optimistic," says Marc Faber, editor and publisher of the "Gloom, Boom & Doom Report."
"The U.S. has run a deficit for [so long]," he said Tuesday on CNBC's "Futures Now." "The conditions today are more fragile than they were ever before, and unless somebody comes and introduces minus 5 percent interest rates, I think the economy is really not in such a great shape." "I'm actually amazed that people are so optimistic," the editor and publisher of the "Gloom, Boom & Doom Report" added.
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