Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
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Thursday, September 19, 2013
On whether the 10-year yield will float back up to where it was before 2pm today
Marc Faber : "I will confess to you, longer-term, I am of course, negative about government bonds and
i think that yields will go up and that eventually there will be
sovereign default. But in the last few days, when yields went to 2.9%
and 3% on the 10-year for the first time in years i bought some
treasuries because I have the view that they overshot and that they
could ease down to around 2.2% to 2.5% because the economy is much
weaker than people think…I think in the next three months or so." - via Bloomberg News Click Here to Watch the Full Interview >>>>
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
