If you’re not mindful of the economic conditions surrounding your environment, then no matter how high-level your investment thesis is, how reliable your team is, and how great the market you are investing in is, you will end up in a precarious situation sooner or later. While talking about economics may seem like it is far from your area of focus, the events that take place all over the world, to a certain extent, can impact your investments.
Our guest for today is Marc Faber, who is the Editor and Publisher of “The Gloom, Boom & Doom Report.” Marc studied Economics at the University of Zurich and, at the age of 24, obtained a Ph.D. in Economics magna cum laude. He is the author of several books, with one of them “Tomorrow’s Gold” landing on the Amazon bestseller list for several weeks. Marc is a regular contributor to several leading financial publications around the world and is a frequent speaker at various investment seminars.
Today we are going to discuss…
- Why our guest thinks we are already entering an economic slowdown and what data points he uses to justify that claim
- What the current interest rate environment tells us about interest rates for the next 3-5 years
- Which investment vehicles are best suited to take advantage of a low interest rate environment