| |||||||||||
“Dr Doom” Marc Faber: 2012 could see a major low in emerging stock markets
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. More on this topic (What's this?) The Five Stocks You Have to Own in 2012 (Money Morning, 12/23/11) Chart: 2012’s Fastest Growing Nations Will Be… (Investment U, 1/8/12) Gold Price Forecast for the Remainder of 2012 (Investment U, 5/18/12) 6 comments to “Dr Doom” Marc Faber: 2012 could see a major low in emerging stock marketsLeave a Reply | |||||||||||
Copyright © 2012 Investment Postcards from Cape Town - All Rights Reserved Performance Optimization WordPress Plugins by W3 EDGE | |||||||||||
horrible sound!
@peedro: Click through to the transcript, and then try the video on the left-hand side of that page.
He need to look the fundamentals of many company’s down here in Brazil to see that we don’t have space to go much lower.
[...] Read full article … [...]
[...] “Dr Doom” Marc Faber: 2012 could see a major low in emerging stock markets [...]
[...] Marc Faber: [...]