28 May, 2012

If Greece Leaves, Markets Will Rally

I think the market would be relieved if finally Greece exited the euro. There would be some clarity. Although it wouldn’t be good for banks and insurance stocks in general I think markets are oversold and with an exit markets would rally. - in CNBC

Related: SPDR S&P 500 Index ETF (SPY), iShares MSCI Emerging Markets Indx ETF (EEM)

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

CNBC Video: Gloom & Doom Coming


Latest video interview, CNBC.


Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

A Global Recession Is Coming

I think we could have a global recession either in Q4 or early 2013. - in MoneyControl 


Related: SPDR S&P 500 Index ETF (SPY)

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

27 May, 2012

Economic Sensitive Stocks Are Breaking Down

There are more and more stocks that are breaking down economic sensitive stocks and companies that cater to the high-end. That suggests to me the economy is likely to weaken and the huge asset run is likely to come to an end with significant asset deflation. - in MoneyControl

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Focus On India And China, Not In Europe

As an observer of markets whenever everyone focuses on one thing like Greece and Europe maybe they miss issues that are far more important such as a meaningful slowdown in India and China. - in MoneyControl 

Related: iShares FTSE/Xinhua China 25 Index ETF (FXI), WisdomTree India Earnings Fund ETF

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

23 May, 2012

Many Individual Investors Are So Influenced By The News That Many Get Lost In The Maze

Many individual investors are so influenced by the news that many get lost in the maze, unable to see what the smart money is doing. News is of little value as it misleads more often than it guides. - in Forbes

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

22 May, 2012

Currency Devaluation: Short & Long Term Effects

Normally, if you let your currency weaken significantly, it may help you near term but equally it causes a lot of long-term economic damage. - in NDTV 

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Industrial Commodity Prices Have Performed Miserably

Why industrial commodities are weak has nothing to do with Greece. Greece is an unimportant player in the commodities market. Industrial commodity prices have performed miserably as well as the mining company because they anticipate or because they smell more meaningful downing in the Chinese economy, about which I have been warning for the last 6-9 months. - in NDTV 


Related: iShares FTSE/Xinhua China 25 Index (ETF), Copper, Crude Oil, United States Oil Fund (USO)


Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.