Post Tagged with: "Marc Faber"
[Premium] Marc Faber on Euro zone breakup and US and European equities
Marc Faber, publisher of the Gloom, Boom & Doom report, spoke with Bloomberg TV’s Betty Liu. The overall gist of his commentary was that a euro zone breakup would be beneficial and that he believes European peripheral equities are oversold. Take a look
[Premium] On helicopter drops and wealth confiscation in Europe
Hugh Hendry made some remarks about confiscation last week that I addressed in my TV appearance on RT’s capital account (see video here). The gist of his comments was that he fears government’s ability to confiscate wealth as a means of dealing with the economic crisis in Europe. On RT, I said that I didn’t think the situation had reached that point in Europe and so I was not overly concerned. But I do want to flag comments by a major bank economist that touch on these issues
Faber: Japanese stocks will outperform as US margins deteriorate
Here’s the latest from Bloomberg Television, Marc Faber, the publisher of the Gloom, Boom and Doom Report, thinks that Japanese equities are going to outperform this year. Why? For the same reasons I have been saying that a more defensive posture is warranted: “earnings may begin to disappoint” and “corporate profit margins could deteriorate.”
What were big-time pundits saying just as stocks were bottoming in March 2009?
Faber, Buffett and Grantham were bullish as stocks reached their financial crisis nadir
[Premium] Biggest highlights from Barron’s Roundtable
Here are the comments I found the most interesting from the first part of this year’s Barron’s Investing Roundtable interview which was published today
Faber: Market May Fall Below 1,100
Marc Faber told CNBC yesterday that he thinks the S&P500 could fall to as low as 1010 by the end of the ongoing sell-off. Faber also believes gold could fall. However, he believes both markets are oversold and is more keen to buy gold on a rebound than equities
Zulauf: “I expect the market to go below the latest lows in September”
As usual, I find Felix Zulauf’s commentary very perceptive. He has been right consistently for the whole of 2011 in predicting where things have gone. What he is saying is that the fundamentals in the west are weak and now that growth is ebbing, this will be manifest in stock prices. What will policy makers do
It’s Over
The classification of assets according to such dreary concoctions as “mid-cap growth,” comparative asset benchmarks is now over
China: First the credit writedowns, but then what?
The immediate problem is the excess capital investment and the costly maintenance of the projects it has spawned. Longer-term, Asia’s growth prospects look good
Faber: The Fed will continue to be behind the curve
Marc Faber was on CNBC talking about the intersection of asset markets with monetary policy. His view is that the Fed will be accommodative for the indefinite future, resulting in a move into riskier assets by investors starved for real returns in fixed income. This could be a boon for asset markets in nominal terms.
Faber: For Sure There Will Be QE3 But Not Right Away
Here is a good 17-minute Bloomberg video with Marc Faber. He talks a lot about Mexico and he is bullish on that economy. As for the US, his view, like mine, is that printing money does give a temporary boost to economic activity. However, in the long run, it doesn’t lead to sustained economic growth
Comments by Faber, Gross, Roach, and Grantham on the Political Economy
Over the past several days, I have caught some very good commentary by a number of well-known financial industry experts. I wanted to share my own thoughts with you on their commentary, especially in light of my last posts on Eisenhower’s Farewell Address and The New Monetary Consensus. I have featured two of the commentaries