Marc Faber, publisher of the Gloom, Boom & Doom report, discusses the outlook for the U.S. economy. Faber, speaking from Chiang Mai, Thailand, with Betty Liu on Bloomberg Television's "In the Loop," also talks about Treasury yields and China's economy.
Faber is of the opinion that the US Treasury rate will go up in long run to around 5%.
He sees US equity valuated reasonably better than the emerging market and his favorite market is actually Japanese market.
(Source: Bloomberg)
Faber is of the opinion that the US Treasury rate will go up in long run to around 5%.
He sees US equity valuated reasonably better than the emerging market and his favorite market is actually Japanese market.
(Source: Bloomberg)
