Monday, December 5, 2011

The Stocks have actually acted relatively well considering the problems

Marc Faber : In general I think the markets are oversold and as I said I think you better off by investing in equities than in government bonds and in cash for the next ten years , now you have to live with volatility but I think that stocks have actually acted relatively well considering the problems we have and so I am not all that bearish about stocks , even in Europe because I happen to think that the Euro will weaken and once the Euro weakens stocks will find a low....but I am not interested in investing in Europe in general I prefer Asia , where in Asia we have another set of problems which is the slowdown of the Chinese economy ....- in Bloomberg

The politicians do not have the interests of the man in the street in their mind

Marc Faber : ...in The world the politicians are a special group of people , they do not have the interests of the man in the street in their mind , it's all about how to protect the established order that they created in other words ,the politicians created the mess with government regulatory involvement and with fiscal and monetary policies and now they are expected to solve the problem , they are not going to solve the problem but they are going to postpone it but at the cost of the future - in Bloomberg Radio Interview

The market to remain highly volatile

Marc Faber : “The market is likely to remain highly volatile, and fail to make new highs,” - in Bloomberg

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