Monday, November 17, 2014

Marc Faber says Japanese money printing has helped global stock markets

Two years ago, I was of the view that it would be healthy for the market to have a 20 percent correction and that's what I've expected. And many stocks have actually had 20 percent corrections over the last two years. But as I said, a limited number of stocks have driven up the indices. Now of course the indices significantly higher, let me remind you ... in three years, we've almost doubled. If you really believe that in the next few years, every three years the market will double, then go and buy shares because I don't believe that.

Marc Faber on the Japanese Yen and how its weakness has helped stock markets around the world. Marc also talks about dangers of the markets, and the potential for inflation in the future.