Marc Faber of "The Gloom, Boom & Doom Report," reacts to China's GDP data, and today's market rally.
Marc said he is not excited by better than expected china GDP figure. He believes impact of China slowdown is much larger than what government has reported. He thinks Government is overstating and it is much slower than what has been reported.
Here is the video:
About the author:
Dheeraj GroverI am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne