Europe Woes Seen Driving Economic Slump in Investor Poll

alt : rtsp://v6.cache4.c.youtube.com/CiILENy73wIaGQnexXTORrotPRMYDSANFEgGUgZ2aWRlb3MM/0/0/0/video.3gprtsp://v6.cache4.c.youtube.com/CiILENy73wIaGQnexXTORrotPRMYDSANFEgGUgZ2aWRlb3MM/0/0/0/video.3gp

Sept. 29 (Bloomberg) — Global investors anticipate Europe’s debt crisis leading to an economic slump, a financial meltdown and social unrest in the next year with 72 percent predicting a country abandoning the euro as a shared currency within five years, a Bloomberg survey found. About three-quarters of those questioned this week said the euro-area economy will fall into recession during the next 12 months and 53 percent said turmoil will worsen in a banking sector laden with government bonds, according to the quarterly Global Poll of 1031 investors, analysts and traders who are Bloomberg subscribers. Dominic Chu reports on Bloomberg Television’s “InsideTrack.” (Source: Bloomberg)

Marc Faber Sees 20% Correction if S&P Reaches New High: Video

http://www.youtube.com/v/mnSZkcPicEA?f=videos&app=youtube_gdata

March 1 (Bloomberg) — Marc Faber, publisher of the Gloom, Boom & Doom report, talks with Bloomberg’s Erik Schatzker about the outlook for US stocks. Faber, speaking from Hong Kong, also discusses the outlook for the euro and the dollar, and investment strategy. (Source: Bloomberg)