Marc Faber: US Currency And Assets To Prosper, But Not The Economy

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Jan 26, 2015

With the dollar soaring and stock market near all time highs, America seems to be prospering. Marc Faber says that may be so, but the American economy is not doing that well, particularly for non-wealthy citizens.

When asked what he would like to see out of Federal Reserve head Janet Yellen, Faber thinks that interest rates need to be higher.

When asked which assets he likes, Faber suggests gold and some carefully selected emerging markets.