Economist sees ‘doom’ in 2026 for stocks, real estate, expects ‘ignorant’ Trump to trigger disaster. Protect your money
Yahoo Finance·2026-01-20 11:00
“For the middle class the bulk of the assets is residential real estate and that I think will go down because it's in a colossal bubble as well,” he said.Faber says he expects a correction in stocks, but the stock market isn’t the only place where he sees excess. For many Americans, their home is the largest asset they own — and Faber believes trouble is brewing there as well.“Most people own Tesla and Nvidia around the world,” he said. “They trade them 24 hours a day. And they trade options and all kinds o ...