|New Threads Only:|
|New Threads & Replies:|
Forum List » How to Use GuruFocus|
Questions regarding to the features on GuruFocus.com. Suggestions of new features.
Marc Faber Thinks Chinese Growth May Slow to 4%
Posted by: Canadian Value (IP Logged)
Date: September 25, 2013 10:47AM
Marc Faber thinks a major credit event is in store for China. Whether that is soon or in two years isn't clear, but what is clear is that Chinese growth has slowed and will slow to 4%.
Additionally he thinks that the European Union and the U.S. are effectively bankrupt.
The problem with sustainable growth in China according to Faber is that the credit that is being pushed in the system is not sustainable for much longer.
Watch the video below for more on China and the market he is actually bullish on:
Stocks Discussed: SPY, DJI, QQQ,
Disclaimers: GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The gurus may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.