Sunday, September 29, 2013

Marc Faber rants: The fed are professors, academics

We are in QE unlimited. The people at the fed are professors, academics, they never worked in a single life of business of ordinary people. They don't understand that if you print money, it benefits basically a handful of people, not even 5 percent of the population, 3 percent of the population. 

Thursday, September 12, 2013

Malaysian stocks are stable

Marc Faber comments on Malaysia and its stock markets:
Malaysia may not be seen as an exciting market and the stock market is certainly not cheap, but this is a well-balanced economy and stable enough to let you sleep soundly at night. They are relatively stable, supported by a well-balanced economy coupled with no major downward risks

Also, unlike US banks, Malaysia's are solid and they do not involve in derivatives or gamble.