Mind Over Market

Melissa Lee of CNBC inveterviews Marc Faber February 21, 2013 Rough transcript highlights of interview: stocks having their biggest two-day decline. should investors be prepared for a correction or even worse? joining us now on the fast line is marc faber. marc, good to have you with us. you're going to be pretty doomy and gloomy tonight, i'm guessing, but in terms of a pull-back, you've said in the past, a 1987-like correction. is that what -- is this the beginning of that? i don't think that's yet there. but i think we have made the top and it could be a longer term top. i don't think the market is overbought as it was in '87, so, i don't expect a crash. but i think, for the time being, the market has peaked out. and i think that in the meantime, bonds, which are extremely oversold, could rebound. so, let me get this straight, marc, just to be clear for the viewers out there. you don't necessarily think at this point in time, thi...

The nation's debt as a percentage of the economy is going to cause a fiscal storm, Home Depot Founder Kenneth Langone told CNBC on Tuesday. President Barack Obama's roadmap to reduce the deficit and invest in the future is "generational theft of an enormous magnitude," Langone said in a "Squawk Box" interview. "The fundamentals haven't changed ... And we don't know when the storm is going to hit," he predicted. "It has to happen. If you look at our debt to GDP, eventually you reach a point where there's no turning back." He used an analogy to make his point. "If you had one meal left, and you had your grandchild with you, would you eat if or give it to your grandchild?" He said all people would say "give it to my grandchild." But pursuing the president's vision, he argued, "[Is] eating the grandchildren's breakfast, lunch and dinner right now. And the [grandchildren] ha...

In an interview on CNBC's Squawk Box December 17, 2012: David Tepper, president & founder, Appaloosa Management, says what the Fed has done helped the markets. He also says he believes the Fed sees a 6 percent unemployment rate is the trigger for inflation. He also says Obama's legacy will be defined by entitlement reform.

Aaron Tasker of the Daily Ticker Interviews Lakshman Achuthan November 29, 2012: The U.S. economy grew 2.7% in the third quarter, up from a previously reported 2% the government reported Thursday. But the guts of the report raised some concern, notably a big increase in inventories and a big downward revision to consumer spending. For most economists, the GDP report provides further evidence of a U.S. economy that's growing modestly, but far from robustly. For Lakshman Achuthan, co-founder of the Economic Cycle Research Institute, the report is a distraction from the real story: the U.S. economy is already in recession. Read more here .

Marc Faber's Presentation to Hedge Funds World Middle East 2012 March 5-8, 2012, Jumeirah Beach Hotel, Dubai, United Arab Emirates Expansive Keynesian monetary and fiscal policies, instead of smoothing economic cycles, is increasing economic and financial markets volatility instead, Dr. Faber contends in this presentation.

Kyle Bass in his November 15, 2012, letter to investors, exposes the flaws in the monetary excesses occurring around the globe and explains why this will end badly. Kyle Bass

In an interview on Bloomberg TV's Market Makers with Stephanie Ruhle on November 16, 2012, Kyle Bass says that Milton Friedman was right when he said the currency union will fall apart when they hit a bump in the road. He thinks Germany will leave in 3 to 4 years to avoid ceding its national sovereignty and funding the wasteful spending of other nations. He would not invest in Europe right now but wait for things to deteriorate further.