Marc Faber : The problem is that 92 percent of Financial Wealth is owned by 5 percent of the population

Marc Faber : "The problem is that 92 percent of financial wealth is owned by 5 percent of the population. The majority of people don't own meaningful stock positions and they don't benefit from a rise in the stock market. They are being hurt by a rising cost of living and we all know that the real incomes of median households has been going down for the last few years,"- in a recent CNBC interview