Dr. Marc Faber
Should you buy what China buys?
- A veteran China watcher Dr Faber believes this market is overheating and will experience a severe slowdown in the near future. China's economic Archilles heel is a lack of water, food, oil and other industrial commodities.
- Monday, April 12 - 2004 at 15:25 |
Correction, or resumption of a major downtrend?
- Dr Faber believes equity markets may be forming a significant top between now and April. Tops tend to coincide with very high bullish sentiment and that is where we are today, with even Dr Faber's wife buying stocks! Inflation due partly to high oil prices is going to burst this bubble.
- Wednesday, March 03 - 2004 at 09:37 |
What goes up must come down!
- While 2003 was highly unusual in that all asset classes increased in value, Dr Faber thinks 2004 will see winners and losers. Contrarians should short the US stock market and buy the US dollar, and accumulate oil stocks on market weakness as Chinese demand for oil is set to rocket over the next decade.
- Saturday, February 07 - 2004 at 13:55 |
Dr Faber's views on 2004
- Dr Marc Faber's book 'Tomorrow's Gold' published just over a year ago was spectacularly correct in its predictions for 2003. This article updates his thoughts after another year in the financial markets.
- Saturday, January 03 - 2004 at 09:15 |
Sell US equities, buy the US dollar!
- My position for the next month or so is to liquidate US equities, and to go long on the US dollar and bonds.
- Friday, December 05 - 2003 at 17:30 |
Caution on Asia and commodity prices
- One of the first commentators to point out that Asian stock prices were too low, Dr. Faber has now turned more cautious as markets look overbought. His commodity price predictions have also proved remarkably accurate but here too things may cool. Only on precious metals is this guru of the gurus still bullish.
- Tuesday, November 04 - 2003 at 10:12 |
Asia the place to invest after a US financial crash
- Dr Faber still strongly favours Asian equities and real estate above US assets where he is worried by the possibility of a financial crash. Here he explains why official statistics are very misleading with regard to the size of Asian economies.
- Wednesday, October 01 - 2003 at 13:34 |
Why Iraq is bad news for financial markets
- Beware the autumnal season, traditionally a time of turbulence and crashes. The US market may be getting ahead of itself in terms of optimism about an economic recovery. Iraq is a critical factor for financial markets.
- Iraq: Monday, September 01 - 2003 at 14:27 |
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