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“Dr Doom” Marc Faber: 2012 could see a major low in emerging stock markets By Prieur du Plessis, on January 4th, 2012 posted in: Investment, Markets, Money  6 people had their say - chime in!
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.
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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.
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