The US will remain in the economic doldrums, but Asia’s prospects are looking up, says contrarian investor Marc Faber.
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Marc Faber says commodities, with EM equities and real estate, will perform well, but Lombard Street’s Diana Choyleva sees emerging markets slowing and commodities suffering.
China should have let the renminbi appreciate more than it did after 2005, as a strong currency is a better way to create prosperity than printing money, argues Marc Faber, aka Dr Doom.
VIDEO: Marc Faber, speaking at last week's Asian Investment Summit, explains why the United States can never tighten monetary policy again.
US Federal Reserve officials also seem to miss the fact that excessive credit growth and leverage have driven monetary and economic instability, says Marc Faber.
The markets may be moving backwards while giving the appearance of moving forwards. Marc Faber shares his outlook at the AsianInvestor Korea Investment Forum.