Post Tagged with: "Marc Faber"
The Russia Forum 2010: Hendry, Faber and Taleb
The following link goes to an hour-long video from the Russia Forum 2010 featuring famed investors and market watchers Hugh Hendry and Nassim Nicholas Taleb. Marc Faber was the moderator. The session is “Investments: Where is the Money in 2010 – What are the Risks?" from the second-day of the three day forum.
Stephen Roach: Chance of Double Dip 40%
Here is more of Marc Faber, this time with Stephen Roach joining from Asia. Faber starts things off by making a point I have made many times in the past, namely that the Federal Reserve’s easy money policy is asymmetric; they are quick to cut on the way down, but slow to raise rates on
Marc Faber: Obama makes Bush look like a genius
My favorite economic entertainer is back with his usual over-the-top semi-apocalyptic comments about government officials, the U.S. and more. Here are a few choice quotes from Dr. Doom followed by the full videos of his session on Squawk Box on CNBC Europe below. On Obama I don’t have a very high opinion of Mr. Obama.
Marc Faber: "I don’t think that you’ll see gold below $1,000 per ounce probably ever"
Marc Faber is in a bullish mindset, particularly on gold. In a wide-ranging interview with CNBC TV-18 in India, Faber talked about where he sees markets headed and why he thinks gold will never drop below $1,000 an ounce. Private sector contracting while public sector expanding This is the frame that Marc Faber puts on
Marc Faber: “U.S. dollar weakness is a symptom of inflation in the system”
Below are two videos from Marc Faber’s recent interview on Asia Confidential. In it, he takes questions from user emailsregarding the U.S. dollar, economic decline in the U.S. and gold as an investment. He sees a need for the U.S. to borrow increasing amounts of money going forward – not less. As a result, what
Marc Faber: “Monetary policy in the United States will stay expansionary”
Below is a wide-ranging interview with Marc Faber over four videos on CNBC TV18 in India explaining view on inflation, currencies, commodities, stocks and more. Asset-based economy. In general, he thinks we are in an inflationary environment, whereas I think that deleveraging is secular and means any inflation is only cyclical. But he shares my
Faber: Gloom, Boom or Doom?
How about all three. Faber released another provocative newsletter this month that has a little grist for investor of all stripes. Boom. His short-term outlook is bullish because he believes money-printing will underpin the market even after the 60% increase in the S&P 500 from March 2009 lows. This puts him in the same camp
Is economic boom around the corner?
This September 2009 post still describes my general view on the U.S. economy. If I wrote it today, I would be more bearish medium-term because it is obvious that in 2010 fiscal and monetary policy will become less supportive of recovery. Political pressures to remove fiscal and monetary stimulus are too much to bear. As a result, I give a double dip recession slightly better odds than a multi-year recovery now. But the analysis framing my thinking is largely the same
Marc Faber: China’s numbers are fake
Late last year, I anticipated that the global slowdown would bring China’s GDP growth down to 2%, a level that would make most nations envious but which would have been catastrophic for China. In the end, robust government stimulus has saved the day, as spending for infrastructure, commodities, and property has soared. The 8% growth
Marc Faber: “A huge move is coming in the dollar, in bonds and in equities” but…
Marc Faber was quoted in June as saying he expects a major move in financial markets, but is unclear which directions markets will turn. His statements suggest to me he could be advising clients to go long volatility in anticipation of market turbulence. This would usually be accomplished by buying options in high beta assets
Marc Faber Raw
Here is a Marc Faber interview from March. It is well worth watching because he calls things perfectly through June: economic news, equity markets, and commodity markets. This is billed as a Czech TV interview. But the audio is pretty bad. So, the interviewer may be a Czech with halting English, but this is hardly
Marc Faber: “I am 100% sure that the U.S. will go into hyperinflation”
Basically, Faber believes a rising tide of quantitative easing is going to buoy stock markets globally and the global economy (at least for the medium-term). However, later in that same interview, Faber makes his most quotable statement yet: “I am 100% sure that the U.S. will go into hyperinflation.” That is a very bold claim