The news will continue to be bad but I think there will be a decelaration in bad news., in other words, we will still have bad news but the rate of change of bad news will improve somewhat and there can be a rebound in asset markets.
But overall the global economy will take a very, very long time to get back to the peak boom period of 2004 to 2007.
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.