Will the US Federal Reserve be able to hike rates three times this year?
Marc Faber : The Fed may increase interest rates at some point, but they will probably leave real rates negative for a long time. We have had many American property prices already declining and also rents declining, which essentially would rather indicate weakness in the economy than strength. Whenever the next recession comes, the Federal Reserve in my view will liquify the system with some sort of quantitative easing.They may not call it QE, but the impact will be the same.
Source : The Economic Times
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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