Faber also mentioned US stocks, saying he does not believe they will hit a new high in the short run. He expects the market to continue to correct in the meantime.
The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor--Jesse Livermore
Video--Marc Faber on Bloomberg
Marc Faber was on Bloomberg today to discuss his outlook for the Chinese economy. Faber thinks that real inflation in China is much higher than what is reported by the authorities. Furthermore, he notes that China and the US are on a collusion course, both economically and politically.
Faber also mentioned US stocks, saying he does not believe they will hit a new high in the short run. He expects the market to continue to correct in the meantime.
Faber also mentioned US stocks, saying he does not believe they will hit a new high in the short run. He expects the market to continue to correct in the meantime.
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great video on mark faber
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