|
Faber: 'We are in a massive speculative bubble'CNBCDec. 04, 2013 |
Popular 
Trump Confirms U.S. in War With Iran, Threatens Khamenei With Assassination
Pentagon Official Purged From Joint Chiefs of Staff for Posts Calling Israel 'Our Worst Ally'
Ted Cruz Reveals U.S. Helping Israel Carry Out Military Strikes on Iran
U.S. Says It Won't Join War If Iran Doesn't Target Americans - While Moving in Carrier Strike Group
Trump Orders Tehran to 'Immediately Evacuate'; Suggests War With Iran is 'America First'
|
 Leave it to uber-bear Marc Faber to bring bad news on Black Friday. Faber, editor and publisher of The Gloom, Boom & Doom Report, told CNBC on Friday he believes a “massive speculative bubble” has encroached on everything from stocks and bonds to bitcoin and farmland. He attributed the vast bubble to “symptoms of excess liquidity.” 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. Read More |
