Monday, January 9, 2012

Buying opportunity

Marc Faber : ... what we had in 2008 was the outperformance of the US and emerging economies’ stock markets and commodity markets got hit very hard but it lead to a major low in emerging stock markets that bottomed out between October 2008 and March 2009 and after that emerging stock markets outperformed the US until say the end of 2010. So I think we may get a similar picture. That’s why when I read all the strategies that say - I think we should invest in the US, I say maybe that’s correct for the next three months or so but I would rather be looking at an entry point in emerging markets over the next six to nine months... - in MoneyControl

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