Faber: 'We are in a massive speculative bubble'CNBC
Dec. 04, 2013
Anti-Trump Lib Called A 'White B*tch,' Robbed For Being A 'Trump Supporter'
CNN Staff Heard Cheering Behind The Scenes As Doug Jones Took Lead Over Roy Moore
'Pay Us': Black Women Request Payment For Helping Doug Jones Win Alabama Election
German TV Show Finds 'Merkel Blocks' Stop Nothing
Leftists Share Their Hot Takes On The Alabama Senate Special Election
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.