Global markets are heading for an “important turning point” as interest rates begin to rise within about three months and the U.S. dollar gains, according to investor Marc Faber.
Investors should buy stocks and sell cash and bonds because governments are continuing to print too much money and may create a new credit bubble, Dr. Marc Faber, told reporters during a forum in Seoul today.
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.