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The U.S Economy: A Matter Of Concern (FNM, FRE)
Thursday, December 24, 2009 - 8:54am | 135In an interview focused on the latest economic conditions, Dr. Marc Faber said that the debt to GDP is 375%. Considering Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE), the debt to GDP is more than 600%, leading to higher fiscal deficits and interest rates, which in the long run is not...
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Jim Rogers and Marc Faber See Disaster Looming, Blame The Fed
Monday, December 21, 2009 - 12:47pm | 351Legendary investors Jim Rogers and Marc Faber have similar outlooks on the financial crisis and the efforts of the Federal Reserve to revive the U.S. economy. What do they think of the Fed's quantitative easing policy? In a word, it is a recipe for disaster. According to Rogers, governments have...
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Marc Faber Recommends (FCX,JNJ,NEM,CHK,NG,XOM,PFE)
Wednesday, September 23, 2009 - 7:28am | 269Marc Faber, editor of the Gloom, Boom, and Doom Report, sees plenty of money-making opportunities in equities Sure, prices aren't as cheap as they were in March, yet he's confident, "in this environment cash will become worthless." As a result, he says investors are, "better off being in equities...
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Marc Faber Sees Equities & Commodities As Only Options For Capital Due to Hyper Inflation
Tuesday, September 22, 2009 - 11:51am | 146Marc Faber, editor of the Gloom, Boom, and Doom Report, stated in a web cast on Yahoo! Finance he thought Equities, Commodities, and Real Estate are the only options for new capital even though they are not particularly attractive. Faber thinks these assets, although only fairly priced at best,...