Description:
Faber: ‘We are in a massive speculative bubble’
Faber: ‘We are in a massive speculative bubble’
Faber said the markets, which have reached
record highs, could still rise before the bubble bursts, if stimulus
programs such as the Federal Reserve’s massive monthly bond
purchases and super-low interest rates continue.
“Now can the market go up another 20 percent
before it tumbles?” Faber said on “Squawk Box”. “Yeah, it can
go up even more, if you print money.”
Sources:
http://www.cnbc.com/id/101235052
http://www.cnbc.com/id/101235052
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