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Gloom, Boom and Doom Report

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MIke
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June 18, 2010 10:48 am

Gloom Boom Doom

Marc Faber’s newsletter is my go to source for macro economic commentary. It’s for big picture investors.

In interviews Faber is quite bombastic and makes headline grabbing statements – eg – “in the end we’re all doomed!” However, the newsletter is much more subdued. It basically contains a lot of macro commentary and charts. He’ll track things like government transfer payments or jobless claims.
Unless you’re interested in macroeconomics you will find this letter boring.

He does not offer many “picks.” On the last two pages of his newsletter, he’ll usually talk about a position or two and whether one can accumulate it.

He’s somewhat confusing at times because he has two different time frames. For example, he might be bullish on the USD in the short term but he’s certainly bearish about the USD in the long term.

If you want his picks you’ll have to look for it in the . Barron’s Roundtable

All in all he’s the best macro mind (along with Felix Zulauf) that I’ve come across and I want to know what he’s thinking.

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