Monday, March 10, 2008

Marc Faber on Liquidity, Leverage, and Bubbles

Thinking about our earlier link to MarketWatch's Marc Faber story* we pulled this out of the link-vault:
June 20, 2007
...So what should you do do? Reduce your risk exposure. Sell emerging economies’ stock markets and their currencies. For the next three to six months, shift money into short-term US treasuries.

From the Financial Times via Naked Capitalism

*Marc Faber: 'Doom and Gloom' has just begun