Just Marc Faber speaking the truth. I would have to agree with almost everything he says. Particularly, the FED will try to flood the market with liquidity once again in the near future. Either through QE4 or by cutting interest rates. Well, assuming they have enough time to reload NOW.
The multi trillion dollar question here is, will the bond market finally have enough and stage a massive rally in yields no matter what the FED does? At some point….YES. Once again, it is all about sequencing here. I would say a double bottom in yields over the next 2 years, then a massive rally. The stock market goes down in either scenario. Anyway, take a look, it is worth 5 minutes of your time.
Marc Faber: We Are All On The Titanic Fighting For Musical Chairs Google
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