The Federal Reserve has inflated an asset bubble and that`s going to damp market returns, perma-bear Marc Faber, publisher of The Gloom, Boom and Doom Report, told CNBC Tuesday.
Faber contends that growth in world's second largest economy has "slowed down to trickle", adding that 6-7 percent growth is a "pipe dream."
Forget Greece, which is an "insignificant" economy, it is China that poses the biggest risk to the global economy, Marc Faber the editor and publisher of the Gloom, Boom and Doom report told CNBC on Friday.
Another round of quantitative easing in the US will depend on the direction of the SandP 500, Marc Faber, editor of the Gloom, Boom and Doom Report told CNBC Monday, following Federal Reserve Chairman Ben Bernanke`s failure last week to hint at a QE3.
Most of the European countries should be rated triple-C and the U.S. "should not be a "triple-A-minus but a triple-B or junk bond when you really analyze the unfunded liabilities that will come due in future," investor Marc Faber told CNBC Friday.