Marc Faber, publisher of the Gloom, Boom & Doom report, discusses the potential impact of further quantitative easing by the Federal Reserve on stocks."Crack-up Boom". That's the term Mises uses when he talks about hyperinflation.
I'm short Treasuries and long stocks right now. I also have a small cash position in case there are any attractive aberrations. The market is undervalued right now. gotta love marc faber he is a prodigy when it comes to financial common sense. Yeah he sure loves women LOL. he sure likes to undress women reporters alot. heck if i was worth as much as he was. I don't blame him.
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3 years ago
Well, you cannot always be spot on, I guess.