Monday, June 5, 2017

Marc Faber recommends US Treasury bonds, European corporate bonds and Emerging markets

Marc Faber speaks to CNBC 
- Bubble in popular stocks and they are highly priced.
- Liquidity bubble
- I would invest Europe or Asia rather than US
- Car Sales and retail sales weakening show US economy is weaker than thought
- Millenials are earning less than their parents, and paying 50% of their income for rents in places like New York and San Francisco.
- The Fed has been successful in boosting asset prices but wages has not kept up.