Faber began writing his bearish outlook reports in the 1970s, initially for personal use and to address the lack of awareness among Americans about foreign exchange rates, the dollar’s value against gold, and European currencies at the time. As the publisher of the widely respected “Gloom, Boom & Doom Report,” he offers contrarian perspectives on global financial markets, highlighting the importance of cautious investing and the potential for significant economic downturns.
Bank deposit rates to stay firm in Q4 as loan demand peaks
Bank deposit rates are expected to remain steady. Lenders need funds for increasing loan demands. The recent CRR cut offers some relief but the busy