Wednesday, July 29, 2009

The Next Bubble Can Be in Equities- Marc Faber

"The Next Bubble Can Be In Equities"
"There is a bubble that the FED and the government are creating right now and this is a bubble in government debt, in the size of it. They are being very sucessful at that.Eventually the US Government will go bankrupt the way California is almost bankrupt, but that will take some time. The next bubble im my opinion can be a bubble again in equities." Marc Faber, Bloomberg TVMarc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world. Dr. Doom also trades currencies and commodity futures like Gold and Oil.
By Marc Faber Blog