The FED Could Give Up Tapering

“Basically, what they are usually saying is that everything is data dependent. In other words, since October 2011, we have not had a significant correction in the market. The largest corrections were those of less than 11% and actually, over the last three to four months, we have gone up very strongly. Now if the data deteriorates and if the stock market declines by 20% over a given period of time, I think the US Fed would actually increase asset purchases and actually give up the tapering that they propose.”

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

A Chinese Slow Down is on the Way

“Well, I have talked about a meaningful slowdown in the Chinese economy for more than a year. Now the government had been very good at hiding the slowdown, but it is now becoming clearer that the slowdown is on the way. I suppose that China has been and will grow at 4% per annum at the most, which is a relatively a slow growth rate, but it is a very high growth rate compared to, say, that in the US or Europe.”

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