“Dr Doom” Marc Faber: 2012 could see a major low in emerging stock markets

 EmailPrint This Post Print This Post

In an interview on CNBC-TV18, Marc Faber, editor and publisher of The Gloom Boom & Doom Report,  said although there could initially be some further weakness in emerging economies against the U.S. market, he expected a major low in emerging stock markets later this year. “I think we should invest in the U.S.; I say maybe that’s correct for the next three months or so but I would rather be looking at an entry point in [stock] markets like India over the next six to nine months,” he said.

Click here for an edited transcript of the interview.

Source: CNBC-TV18 and YouTube, January 2, 2012.

Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.

More on this topic (What's this?) Read more on Marc Faber, Chun YU Works at Wikinvest
OverSeas Radio Network

6 comments to “Dr Doom” Marc Faber: 2012 could see a major low in emerging stock markets

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

  

  

  

Top 100 Financial Blogs

Recent Posts

Charts & Indexes

Gold Price (US$)

Don Coxe’s Weekly Webcast

Podcast – Dow Jones


One minute - every hour - weekdays
(requires Windows Media Player)
newsflashr network
National Debt Clock

Calendar of Posts

January 2012
MTWTFSS
« Dec Feb »
 1
2345678
9101112131415
16171819202122
23242526272829
3031 

Feed the Bull