India is in the midst of change. One of the biggest successes India has had, compared to other nations, is that the stock markets have risen and the currency has been stable. This has less to do with Prime Minister Narendra Modi and more to do with its central bank governor Raghuram Rajan, who, I think, is the best central banker in the world. #Narendra Modi#Marc Faber#GST#Xi Jinping#OneYearofModi
When the Federal Reserve announces its next move tonight, some expect it to reduce its $85 billion monthly bond-buying programme, targeting an eventual end to quantitative easing in late 2014. Others expect the Fed to begin to reduce the program in early 2014, or to finish it off by 2015. But Marc Faber thinks otherwise.
Faber said US markets are likely to witness a correction of at least 10 percent this year. "But the big question: is it just a correction or is it the beginning of a more serious downturn? #Stock market#Marc Faber#ExpertView#US markets