Marc Faber: This is ‘precisely the wrong time’ for Fed to hike: "Meanwhile, the outlook for American equities looks weak as well, according to Faber.
"I don't think U.S. stocks are attractive by any measurement. They are expensive and earnings are going down, and if anything, eventually interest rates will be higher," he said Tuesday on CNBC's "Trading Nation."
Of course, he has had a bearish outlook on American equities for many years while they have surged.
Meanwhile, when asked where he sees opportunity, Faber turned to Asia, mentioning Vietnam, Cambodia, India, Laos and Myanmar."
'via Blog this'
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