Marc Faber says the yield on the 10-year Treasury should be 5%. Expects higher rates, higher cost of borrowing - but US and Japanese stocks may perform well.
@matschbirne111 yeah I see where your going on this and I have to agree with you. Marc has been right on the over-all forecast on the US economy which is heading south.
A few weeks ago he told everyone to go into the Vietnamese stock market. Now he's all excited about Japan. Oh, and the US will outperform emerging markets!?
He should stick to his prophecies, not shift his views every few weeks.
@matschbirne111 Are you not able to tell short-term calls from long-term ones?
dv2012 1 year ago
@matschbirne111 yeah I see where your going on this and I have to agree with you. Marc has been right on the over-all forecast on the US economy which is heading south.
Riddlerx333x 1 year ago
A few weeks ago he told everyone to go into the Vietnamese stock market. Now he's all excited about Japan. Oh, and the US will outperform emerging markets!?
He should stick to his prophecies, not shift his views every few weeks.
matschbirne111 1 year ago