Dr. Marc Faber
Old violins are playing the last waltz!
- If, as I believe, the US economy has already reached the stagflation phase (weak economy but accelerating inflation), rising interest rates come at a very inopportune time for the economy and also for asset markets.
- Saturday, June 09 - 2007 at 17:55 |
Buy the US dollar before a market sell-off!
- We are truly in the midst of a buying frenzy or buying panic during which investors collectively believe that they can play the asset inflation game until it stops and then all get out profitably at the same time. But changes in a market’s direction can be very subtle. Take the Chinese stock market.
- Monday, May 07 - 2007 at 07:46 |
Reading Mr. Bernanke, the US dollar, interest rates and gold
- What would you do if you were in Mr. Bernanke’s shoes? In my opinion, Mr. Bernanke will move very slowly in cutting rates and rather take the risk of some mild form of a recession.
- Wednesday, April 11 - 2007 at 09:01 |
Most investors are heading for huge losses
- As a keen observer of economic, social and financial trends, I think we are moving toward one of the most fascinating period in economic history. It will also be a time during which most investors will end up with huge losses.
- Thursday, March 15 - 2007 at 11:56 |
Considerable risk of a correction in asset markets
- Rising bond yields, weakness in the utility stocks, and a deceleration in Foreign Official Dollar Reserves growth suggest that the risks of a correction in asset markets occurring now or very soon have increased considerably. In fact, it is very likely that sometime in 2007 most assets can be bought at lower prices than they are selling for today.
- Sunday, February 11 - 2007 at 09:07 |
Mideast equity market crash portends global asset price shocks
- ‘Excess Liquidity’ has become a buzz word in the investment community and there is little doubt that excessive money supply and debt growth in the US which lead to a $800 billion US current account deficit is largely responsible for too much money chasing too few assets.
- Saudi Arabia: Wednesday, January 10 - 2007 at 08:17 |
My 2007 portfolio: cash, farm land and precious metals
- The last few weeks have been characterized by a weak dollar and rising equity, bond and commodity prices. As we move into 2007, the pattern will be the same. Either the Fed finally decides to implement tight monetary policies which would strengthen the US dollar and weaken all asset prices except bonds, or the Fed continues with its expansionary bias.
- Thursday, December 14 - 2006 at 14:29 |
The Dow Jones all time high and the coming correction!
- Overall, most stock markets and financial assets are over-bought, investors are very complacent and relaxed, bullish sentiment is high, and volatility is very low.
- Thursday, November 23 - 2006 at 08:07 |
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