Marc Faber : " ....so in Europe what you have are many shares of good quality companies that are yielding 5 to 7 percent , so I am saying they are relatively attractive compared to cash and to bonds , I am not saying that they will go up and in fact I think the global bear market has begun and we are gonna go lower , but if you look ten years out , I think if you buy a ten years US treasury at a yield of 1.6 percent that is the maximum you will earn whereas companies who have dividend yields of 4 to 7 percent I think they will provide you with higher returns ..." says Marc Faber on this 07 June 2012 on Bloomberg TV
June 7 (Bloomberg) -- Marc Faber, publisher of the Gloom, Boom & Doom report, talks about his strategy for global stocks, bonds, commodities and currencies. Faber speaks with Sara Eisen on Bloomberg Television's "InsideTrack." (Source: Bloomberg)
Marc Faber News Blog Investments and Trading Ideas - A Tracking Blog About Dr. Gloom Boom & Doom Marc Faber , Daily Tracking of Dr. Marc Faber Investment Strategy , Market analysis , Outlook & Media appearances
Sunday, June 10, 2012
MARC FABER: The Best Outcome For Greece Would Still Be Absolutely Horrible For The Greeks
Marc Faber : The best outcome for Greece probably would be to exit the euro zone. But the new Greek drachma would depreciate by 50% to 70% against the euro. The Greeks don't want their pensions paid in a depreciating currency. Nor do they want austerity, as their pensions and government salaries would be cut by 50%. " Marc Faber explains in the new issue of Barron's
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