Marc Faber’s Latest Market Views
Boom, Doom and Gloom Report publisher and long-time market commentator Marc Faber was interviewed on CNBC this morning. Faber explained that a rise in interest rates in Japan would be much more deleterious to their government budget than any adjustment in U. S. rates would be to the American economy.
As far as markets he favors, “this year Europe will outperform,” said Faber. He believes this applies to European real estate, as well. Also, according to Faber, the outperformance of Chinese stocks will continue for reasons explained in the video below.
Back in May 2014, Faber warned of dangerous valuations and a crash ahead [link].