for the US it is more important to have a strong dollar than to have a strong stock market

Marc Faber : ...My view has always been that if the S&P drops to around 900 - 950 we get QE3 for sure , but one investors are looking at the stock market and that stocks overseas and it went down yesterday sharply but on the other hand I am very happy because the dollar went up , I think for the US it is more important to have a strong dollar than to have a strong stock market- in Reuters 



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