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Remember when a trillion dollars was actually worth something? The latest interview gives you an idea of what Marc Faber and other economist think about Ben Bernanke’s latest decision.
- Anything under a trillion dollars will dissapoint investors as they already factored in quantitative easy #2
- Investors already factored in quantitative easing round no.2
- Faber expects more weakness in the dollar and is bullish on gold, silver and industrial commodities
- Faber also expects a short correction but then expects a boom in stocks and commodities (by Christmas)
- Finally, he is negative on cash and bonds but is reasonably positive on equities due to inflation
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