Monday, June 6, 2016

EU is an anti-democratic institution says Marc Faber

First of all, devaluations in the U.S. are very high. If you measure price to sale of the S&P. My sense is that there are much better values overseas.

So I say for the investor who has patience now, it’s a much better opportunity to invest in Europe and in emerging economies than say in the US. 

On Brexit
I happen to think that a Brexit would be bullish for global economic growth