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Wednesday, October 24, 2012

If You Can’t Take A 20 Percent Decline, Don’t Get Out Of Your Bed In The Morning

I believe globally we are faced with slowing economies and disappointing corporate profits, and I will not be surprised to see the Dow Jones, the S&P 500, the major indices, down from the recent highs by say, 20 percent. That is not a big decline. If you can’t take a 20 percent decline, don’t get out of your bed in the morning. - in CNBC

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

The Fiscal & Monetary Stimulus Works On The Economy

I don’t believe fiscal and monetary stimulus works on the economy. It may have side effects and unintended consequences, but it is not empirically proven that if you throw money at the system you solve any problems. - in CNBC

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

MARC FABER BLOG

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