Monday, January 21, 2013

Marc Faber at 2013 Skagen Conference

At the recent 2013 Skagen conference in London Marc Faber reiterated his views that this year is likely to be a more difficult environment than 2012. Faber urged caution over China's growth outlook.

On his overall investment outlook he says ‘I’d be reluctant to be heavily short anything right now. For an investor, cash is not desirable but I would say that for the next 3 months it may make sense,’

Marc Faber is a famous contrarian investor and the publisher of the Gloom Boom & Doom Report newsletter.

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