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Sunday, March 20, 2016
Marc Faber: Negative Rates Will Not End Well
Marc Faber, publisher of "The Gloom, Boom & Doom Report," discusses the pitfalls of using monetary policy in response to the monetary crisis and his suggestions to spur economic growth. He speaks on "Bloomberg Markets." (Source: Bloomberg)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.
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Gold rose as the dollar edged lower, though gains were capped by caution as investors awaited clearer signals on the timing of a U.S. interest rate rise.
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