Tuesday, January 17, 2012

In 2012 The US Stock Market will not outperform the other Markets

Marc Faber : Well basically European stock markets last year were down between 15% and 30% depending on the market. and European stocks grossly underperformed the u.s. -- I mean the whole world grossly underperformed the u.s., which actually in 2011 performed reasonably well. the u.s. was flat on the year. and the utilities index was up. but the other markets in the world, emerging markets and European markets were very weak. now, I believe that sometimes in 2012 the outperformance of the u.s. of the other markets will cease , and you have to move back into quality companies in Europe and into emerging economies. - in CNBC

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