Dr Doom had an interview with Arabianmoney.net on the margins of the Agora Financial ‘Decade of Reckoning’ conference in Vancouver, Canada which is scheduled to kick off today . Legendary Swiss investment adviser Dr Marc Faber told Arabianmoney.net that the S&P was looking overvalued and was vulnerable to a correction
In a powerful presentation Dr Faber blamed low interest rates at the US Federal reserve for the bubbles recently created in all major asset global classes, except in Zimbabwe. But now the reversal had brought asset price destruction across the world.
Marc Faber is the editor and publisher of The Gloom Boom & Doom Report
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