Marc Faber, investor and author of the "Gloom, Boom & Doom Report," in conversation with Francine Lacqua spoke on a number of issues including the Fed rate hike possibility for the year 2016, the investment opportunity in 10-Year and 30-Year U.S. Treasuries, dismal performance of equities and commodity markets, troubles in the Chinese economy, and his preference for emerging markets, Bloomberg reported.
What’s interesting to note is that he mentions that last year bitcoin was the only asset that performed well.
“When you talk about doom and gloom of this year 2016, I have to point out that in 2015, with the exception of people that held bitcoins, the performance of all asset classes has been poor”, Faber told via Skype.
http://www.econotimes.com/Bitcoin-Is-The-Only-Asset-That-Performed-Well-In-2015-Says-Marc-Faber-139203
Topic: [2016-01-07] Bitcoin Is The Only Asset That Performed Well In 2015.... (Read 303 times)
January 07, 2016, 02:27:32 AM
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