Marc Faber 02 (Mar 14 - Dec 18)

[behappyalways]

股神：美股仍便宜　無懼特朗普
http://hk.apple.nextmedia.com/financees ... 1488268796

[behappyalways]

Marc Faber: There will be another 'massive' financial crisis in my lifetime
http://www.cnbc.com/2017/07/03/marc-fab ... yptr=yahoo

[winston]

A Major Stock Market Correction Is Coming: Dr. Doom Marc Faber

Stock market highs have many people on Wall Street feeling pretty good. But, one veteran forecaster is predicting a major pullback coming soon.

By Daniela Cambone

"The fact that a market goes up does not necessarily mean it will continue to go up".

Over the summer, Faber called for equities to correct by about 40%, which would make what happened on Black Monday pale in comparison to the imminent crash.

"If I look at monetary and economic conditions around the world, the level of debt is much higher now, the level of government debt is much higher."

The short position in the VIX are at record highs.

Anything can happen with the VIX if the market starts to go down. A lot of people will be squeezed and we can have minor declines ending up in a major declines."

Source: The Street

https://www.thestreet.com/story/1434430 ... yptr=yahoo

[winston]

Firms fire Marc Faber for thanking God ‘white people populated US’ – then he weighs in on Nanking massacre

‘Dr Doom’ compares his denunciation to that of Japanese who ‘were condemned because they denied the Nanking massacre’

CNBC and Fox Business Network, the business news television channels where Faber has been an occasional guest commentator for years, said Tuesday that Faber was now off their booking lists for their shows.

Source: SCMP

http://www.scmp.com/news/world/united-s ... ite-people

[winston]

IS IT GLOOM OR BOOM, DR DOOM? MARC FABER ON US-CHINA TRADE WAR, THE JAPAN TRAP AND WHY FINANCE IS MORE VULNERABLE THAN IN 2007

With jitters over the world economy growing, Marc Faber’s profile faded just when his contrarian ideas might be needed most.

Now ‘Dr Doom’ is back – and he has some advice for the China bulls and bears

BY CHRIS OLIVER

He holds about 30 per cent of his own investible assets in US government debt.

“I expect the economy will slow down meaningfully and probably go into recession in three to six months’ time, so interest rates will once again decline,” Faber said.

“The only thing that matters is what asset markets will do. You take Hong Kong properties down 30 per cent and you’ll see what happens to the economy. You take the US stock market down 30 per cent and you’ll see what happens to the economy.”

Faced with a looming soft spot, he expects the Fed will have no choice but to make a policy U-turn, unveiling by year-end a fourth round of quantitative easing. The scenario is negative for the US dollar but positive for precious metals and US government bonds.

He advised holding 10 to 25 per cent of investible assets in gold.

He cautioned that China and European equities would not be insulated if major US indexes tumbled 20 per cent.

Source: SCMP

http://www.scmp.com/week-asia/business/ ... japan-trap