Marc Faber, managing director of Marc Faber Ltd. and publisher
of the Gloom, Boom and Doom Report, talks with Bloomberg's Erik
Schatzker and Deirdre Bolton about the outlook for the U.S. equity
market.
Faber also discusses his investment strategy, prospects for economic
recovery and concerns about inflation. Here are my notes for the
video:
1. Marc Faber Correctly called the 1987 market crash and stated
back in March , 2009, stock market would rally and industrial metal.
Lately said loose monetary policy will lead to hyperinflation
2. Stock market has seen its lows as if the market drops, more
government stimulus package will come
3. Economic recovery will be disappointing since only Government
is creating job but private sector is not. US Federal Budget Deficit
will go up
