Faber: Central Banks Blowing Huge New Bubble

Thursday, August 13, 2009 11:54 AM

By: Julie Crawshaw

Investing guru and publisher of the Gloom, Boom and Doom Report Marc Faber remains a bear, predicting a stronger dollar, tightening in global liquidity and another correction in asset prices.

When the S&P bottomed in March, the dollar was weak, notes Faber, who expects the next few months will be a period of dollar recovery and “a correction time in asset marketsâ€