Market Review and Trends
Precisely the wrong time for an interest hike! Market is manipulated by a bunch of clowns! What should you do? – Marc Faber
By Rolf Suey - Invest in Yourself  •  December 20, 2015
Marc Faber, the Swiss investor based in Thailand and the publisher of gloom boom doom report said the above. As from wiki, Faber is credited for advising his clients to get out of the stock market before the October 1987 crash. Faber predicted the rise of oil, precious metals, other commodities, emerging markets, and especially China in his book Tomorrow's Gold: Asia's Age of Discovery. He also correctly predicted the slide of the U.S. dollar since 2002. In 2012, Faber claimed that there was a "100% chance" of a global economic recession later that year or in early 2013. Faber also said that the market is likely to crash in 2016/2017 period. Precisely the wrong time for Fed to hike Few days ago, Faber was interviewed by CNBC and he said Fed rate hike is not so important compared to the global economy now. The fact ......
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By Rolf Suey - Invest in Yourself
I am a Singaporean, born in the late 1970s experiencing mid-life career crisis at time of writing this blog. One reason to start blogging at an older age, is to break my own comfort zone. While it can be considered late, it is "Better Late Than Never" ...
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