Marc Faber: Buy emerging market stocks
Marc Faber, author of the Gloom Boom & Doom Report, said at the Barron’s Art of Successful Investing Conference that the dollar should have “some kind of a rebound”, but longer term is in a “structural bear market”. He advises investors to increase holdings in emerging markets and says cash is less attractive than stocks.
Source: Barron’s, October 29, 2009.
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