Marc Faber : QE3 is just a matter of time

Marc Faber : “A third wave of quantitative easing by the U.S. Federal Reserve is just a matter of time,” as economic data showed, then, sluggishness in real employment rates, capital spending and global trade ...Faber told the Taiwan’s Taipei Times,

Marc Faber : Equity Markets this year resemble 1987

Marc Faber : Equity markets this year resemble 1987 as they had a “very strong start” followed by a “correction,” Faber told Bloomberg in an e- mailed response to questions today. “If we have a rally into August it could resemble 1987 with a crash in the fall.” - in Business Intelligence

Marc Faber warns of a US Stocks Crash like in 1987

Marc Faber : “I think the market will have difficulties to move up strongly unless we have a massive QE3,”
“If it moves and makes a high above 1,422, the second half of the year could witness a crash, like in 1987.” Faber told Bloomberg TV last week “If the market makes a new high, it will be a new high with very few stocks pushing up and the majority of stocks having already rolled over,” Faber said. “The earnings outlook is not particularly good because most economies in the world are slowing down.”
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