Tuesday, October 26, 2010

Marc Faber On Bloomberg

Marc Faber speaks with Bloomberg on his current market outlook, including the importance of the Federal Reserve announcement on Quantitative Easing Part II on November 3rd. 

They will be announcing the amount of money they plan to print to purchase assets.  Faber feels that anything under $1 trillion will disappoint the market, which has already priced in massive printing in just about every asset class across the board.

He feels that it could be a "sell the news" event.  I agree completely.  Full interview below: