27 February, 2009

Faber says Short Treasuries and the Yen

"Faber today recommended investors short U.S. Treasuries, as a 27-year bull market likely ended in December, starting the beginning of a long bear market. Faber also recommends selling the Japanese yen, though the nation’s stocks may outperform global equities in the next one or two years because they have been depressed for so long, he said." in Bloomberg.com, February 27

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.