Tracking Dr. Marc Faber of The Gloom Boom and Doom report , Marc Faber nicknamed Doctor Doom , a world class investor and a regular speaker at various investment seminars, Dr Marc Faber is well known for his "contrarian" investment approach.
Ten-year and 30-year
yields eventually will be much higher. But I bought some 10-year
Treasuries when the yield rose to 3%, because in the near term, yields
could retreat to 2.5% or 2.2% or even 2%. The economic recovery is
in its fifth year. On March 6, the bull market in stocks will be five
years old. That's long, by historical standards. Sometime this year, the
stock market could see a big tumble, as in 1987. Then the long bond
will rally and reward Bill Gross.
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.