Trump Will Beg Fed For QE4

January 16, 2017 Share Print 0

President-elect Trump’s policies will help the U.S. economy, but they won’t be enough to save stocks long term, said widely followed perm bear Marc Faber.

“Mr. Trump is pro-business, so it’s natural that the mood has improved among the small-businessman, corporations and investors,” Faber said Thursday on CNBC’s “Futures Now.”

But even as Faber expects equities to keep rising, he noted that stocks are only climbing to a “higher diving board” and it will “not be very friendly” to investors if things start to turn.

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Craig Erlam

Senior Market Analyst, UK & EMEA at OANDA

Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.