Tweet
Here is a summary of the clips (these quotes are not word for word, but "hey" I am doing my best for you and I am typing while listening):
"All assets are deeply oversold" - Faber
"Dollar will head lower" - Faber
"potentially some good value with some corporate bonds due to high yields" - Faber
"I still like gold, because it is not the liability of someone else, but since gold has hold up pretty well, a sell-off is possible in the event of a rally" - Faber
"capital injections may cause people to rush into hard assets" - Faber
"POOM" in the making?
"intervention by governments are created more volatility" - Faber
"statistically the markets are more oversold that in 1987" - Faber
"financial stocks: there is no transparency - I am not interested in them" - Faber
"Rebound potential is very considerable in all assets: equities, commodities or corporate bonds" - Faber
"I would be very careful about the Chinese economy; it is contracting" - Faber
Ok enough, enjoy:
Part 1: (5:25 min.)
Part 2: (5:23 min.)
"All assets are deeply oversold" - Faber
"Dollar will head lower" - Faber
"potentially some good value with some corporate bonds due to high yields" - Faber
"I still like gold, because it is not the liability of someone else, but since gold has hold up pretty well, a sell-off is possible in the event of a rally" - Faber
"capital injections may cause people to rush into hard assets" - Faber
"POOM" in the making?
"intervention by governments are created more volatility" - Faber
"statistically the markets are more oversold that in 1987" - Faber
"financial stocks: there is no transparency - I am not interested in them" - Faber
"Rebound potential is very considerable in all assets: equities, commodities or corporate bonds" - Faber
"I would be very careful about the Chinese economy; it is contracting" - Faber
Ok enough, enjoy:
Part 1: (5:25 min.)
Part 2: (5:23 min.)