Dr. Marc Faber
Matching investment with business cycles
- Business cycles or 'trade cycles' as they were formerly known, are a fact of economic life. And recently there has been much nonsense about the business cycles having been eliminated thanks to the 'New Economy' and as a result of the FED and other central banks' ability to 'steer' the global economy on a steady non-inflationary growth path.
- Thursday, September 06 - 2001 at 10:31 |
US earnings expectations, still far too high!
- In our opinion, investors and analysts have remained far too optimistic about future US corporate earnings growth and, therefore, corporate results will likely continue to disappoint.
- Saturday, July 28 - 2001 at 10:31 |
Is buying emerging markets financial suicide?
- Following a recent Gloom Boom & Doom Report, in which I recommended the purchase of emerging market equities, a friend of ours, wrote that to invest at this stage of the global economic cycle in developing countries 'is a nice quite way of committing financial suicide.'
- Thursday, July 05 - 2001 at 10:31 |
Something does not add up!
- I recently spent some time looking at previous recommendations I had made in the Gloom Boom & Doom report and in earlier commentaries, which I have been writing since 1971.
- Thursday, June 07 - 2001 at 10:31 |
The financial crisis is not over yet!
- For the last 12 months we have made the case that a major stock market top, especially in the speculative NASDAQ stocks had occurred in March 2001, and stressed the relative attractiveness of US Treasury Bonds.
- Saturday, May 05 - 2001 at 10:31 |
A far more hostile outlook for US corporate profits
- In America, corporate profit growth has closely matched nominal GDP growth in the long term. Over the past fifty years, after tax profits have increased at an average rate of 7.6% per annum compared to 7.4% growth in nominal GDP.
- Wednesday, April 04 - 2001 at 10:31 |
How low can global markets go?
- The current economic and financial environment is surrealism at its best. The stock market has hit a roadblock and leading shares such as Cisco, Oracle, Nokia, and Intel, have tumbled, yet most strategists remain upbeat about the prospects for the year 2001.
- Sunday, March 04 - 2001 at 10:31 |
Go for gold to beat the coming currency crisis!
- While most investors are very well aware of the concept of buying low and selling high, their action is often far more indicative of a pattern of buying high and selling low.
- Saturday, February 10 - 2001 at 10:31 |
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