“When asked what is the catalyst for the crash he expects in US equity markets (following crashes in various markets around the world), he shocks a stunned anchor looking at equity markets near all-time highs with some ugly truths – ‘interest rates are no longer a tail-wind, earnings growth is not there, and emerging economies are collapsing (so no global growth).’ However, with asset allocators ‘swimming in the pool of liquidity’ it is hard to say ‘when’ it will occur especially as money floods out of EM markets. Critically though, it is Syria (and the spillover) that has Faber most concerned; as he concludes that Western governments ‘meddling’ is ‘going to be a disaster.'”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Do Immigrants Have the Right to Pursue Happiness?
Justin Raimondo: We Beat the War Party - For Now ...
As Predicted, Third Way Surges to Fore in Middle East
Detlev Schlichter: ECB policy & the gold battle between Chinese housewives and Wall Street
The UK – In Or Out Of The EU?
Bruce Schneier: Surreptitiously Tampering with Computer Chips
What Actually Is or Will Be Obama's Foreign Policies in the Vampire-Empire?
Bill Bonner: Is Capitalism Doomed?
Economist Mag Defends Fed With an Ode to the Dead
'Neighbor vs. neighbor' in US cities, Meredith Whitney says
Jim Rogers: 'I Suspect They’ll Take the Pension Plans Next; I'm Taking Preparations'
Trump's North Korea blockade threat amounts to illegal starvation
Wars of the American Global Frontier
Where Will QE3 Take Us?
Is the U.S. the World’s Moral Authority as Obama Thinks?