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Dr. Marc Faber on whether or not the bear market in US stocks is over

Wall St. For Main St., Released on 5/8/20

During this 40+ minute interview, Jason asks Marc if the bear market in US stocks is over?

Marc talks about how the Fed’s official balance sheet, in his opinion, will be over $10 trillion dollars in 12 months or less and how as long as there’s a relatively strong Dollar against other currencies the Fed & US federal government will send Americans small checks to survive but spend big $$ on bailouts for large corporations, Wall Street and states & municipalities.

Jason asks Marc about his views on gold and gold miners given what else has transpired in the last few months along with Marc’s views on oil, copper and other undervalued stocks.

Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in Economics at the University of Zurich. Between 1970 and 1978, Dr. Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In 1990, he set up his own business, Marc Faber Limited which acts as an investment advisor and fund manager. Dr. Faber publishes a widely read monthly investment newsletter, “The Gloom Boom & Doom Report,” which highlights unusual investment opportunities, and is the author of several books including Tomorrow’s Gold: Asia’s age of discovery which was a best seller on Amazon. Dr. Faber is known for his “contrarian” investment approach and charismatic personality. He became infamous after calling the 1987 crash in US equities.

Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason’s work at his blog website at www.jasonburack.com.

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