Marc Faber on Economy, Inflation and Market

Author's Avatar
Jun 17, 2010
he global economy is likely to slow in the second half of the year, according to Steen Jakobsen from Limus Capital Partners. But that doesn't mean that stocks can't continue higher, Marc Faber of "The Gloom, Boom & Doom Report" told CNBC Thursday.

"I think it would be very good for the world to have deflation … at this level I'm not particularly interesting in buying anything," Marc Faber said.