May 15, 2010 — Jean-Claude Trichet, the president of the European Central Bank, has said that he believes the European economy is suffering its worst crisis since the second World War.
The failing Euro has surprised many analysts who thought the currency would rise in value after Greece received a $146bn bailout from the European Union and IMF to help solve its economic problems that were triggering the downfall of other Eurozone economies.
An economist told Al Jazeera that markets may be questioning the entire nature of the bailout, losing consumer confidence in the Euro.
Al Jazeera's Laurence Lee reports from London, UK's capital.Jean-Claude Trichet, the president of the European Central Bank, has said that he believes the European economy is suffering its worst crisis since the second World War.
The failing Euro has surprised many analysts who thought the currency would rise in value after Greece received a $146bn bailout from the European Union and IMF to help solve its economic problems that were triggering the downfall of other Eurozone economies.
An economist told Al Jazeera that markets may be questioning the entire nature of the bailout, losing consumer confidence in the European currency.
Al Jazeera's Laurence Lee reports from London, UK's capital.Jean-Claude Trichet, the president of the European Central Bank, has said that he believes the European economy is suffering its worst crisis since the second World War.
The falling Euro has surprised many analysts who thought the currency would rise in value after the European Union and IMF agreed to provide Greece with a $165bn bailout to help solve its economic problems that were triggering the downfall of other Eurozone economies.
An economist told Al Jazeera that markets may be questioning the entire nature of the bailout, losing consumer confidence in the European currency.
Al Jazeera's Laurence Lee reports from London, UK's capital.Jean-Claude Trichet, the president of the European Central Bank, has said that he believes the European economy is suffering its worst crisis since the second World War.
The falling Euro has surprised many analysts who thought the currency would rise in value after the European Union and IMF had agreed to provide Greece with a $165bn bailout to help solve its economic problems that were triggering the downfall of other Eurozone economies.
An economist told Al Jazeera that markets may be questioning the entire nature of the bailout, losing consumer confidence in the European currency.
Al Jazeera's Laurence Lee reports from London, the UK capital.
Saturday, May 15, 2010
The Euro is collapsing - Europe in Crisis
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MARC FABER NEWS
Moneycontrol.com | Dr. Doom? Marc Faber Sees Stock Buying Opportunity CNBC.com The dean of doom, Marc Faber, told CNBC on Tuesday that a variety of asset classes—including equities—may be worth buying for short-term gains. In the midst of market volatility on concerns over Federal Reserve tapering, he said, "Treasury bonds ... Marc Faber Marc Faber aka Dr. Doom: S&P 500 Index Could Fall 20% To 30% Easily Dr Doom warns stocks are oversold but S&P readies for another drop |
Marc Faber Forecasts 30% Stock Market Crash, Says Buy Gold The Market Oracle The Fed's 'tapering' comments have ramped up market volatilaty and Faber gives some advice for short and long-term strategies. For example: ""The best course of action is to actually not buy anything, but rather to reduce positions on a rebound," Faber ... |
Marc Faber: Bull in the short term, bear in the long term MarketWatch (blog) ... so perhaps it's best left to someone who has historically said “sell.” Marc Faber, author of the ”The Gloom, Boom & Doom Report,” and often called “Dr. Doom” because of his bearish sentiment, says there are buying opportunities — at least in the ... |
Business Insider | Marc Faber: Gold a possible canary in the deflation coalmine MarketWatch (blog) Here's what Marc Faber, editor of Gloom Boom Doom report told MarketWatch in an email. “Maybe gold is signaling a deflationary collapse of all asset prices. If this were indeed the case I suppose I would rather own gold than government bonds, high ... MARC FABER: The Way Things Are Going, Bernanke Will Have To Give Us 96 ... "Incredibly Bad Sentiment" Makes Gold & Bonds a Buy Says Marc Faber, as All ... “Sentiment on Gold and Bonds Incredibly Negative” – Marc Faber Predicts ... |
Marc Faber Sees Further Downside CNBC.com China's factory output weakened to a 9-month low today, and financials saw a huge sell-off today, with the FM traders; and The Gloom, Boom and Doom Report's Marc Faber, shares his economic outlook. There's plenty of room for the stock market to decline ... Marc Faber: More S&P downside, commodities 'horrible'…except gold |
Marc Faber says 'thanks' to Bernanke MarketWatch (blog) [An earlier version of this blog mistakenly attributed the comments to Marc Faber's blog. The original comments were made in an interview with Barron's on June 1. The comments were picked up Tuesday in a tracking blog that aggregates Faber's public ... |
Dr. Doom Marc Faber: Don't Bet on New Market Highs CNBC.com Faber said large cap stocks like McDonald's, Coca-Cola, Procter & Gamble and Wal-Mart "have most likely peaked." However, he thinks there are still stocks that show strength that could continue to appreciate "because all the money flows into fewer and ... |
Marc Faber Is Glad He Owned Stocks, Even As He Warned Everyone Of Stock ... Business Insider "People with assets are all doomed, because prices are grossly inflated globally for stocks, bonds, and collectibles," says the investment advisor in a new interview published in this week's Barron's. But Faber is the first to admit that at least the ... |
Marc Faber notes liquidity squeeze depressing stocks but still buying gold Gold Seek Famously contrarian in his approach, Dr. Faber is usually out of step with Wall Street but has an excellent reputation for calling the major market turns. He does not say he is shorting equities, though he notes emerging market equities and currencies ... |
Cheerful Thoughts from Marc Faber BullionVault SWISS-BORN Marc Faber, who at age 24 earned his PhD. in economics magna cum laude from the University of Zurich, has lived in Hong Kong nearly 40 years. He worked in New York, Zurich and Hong Kong for White Weld & Co., an investment bank ... |
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