Friday, December 7, 2012

Marc Faber: Corporations are doing reasonably well

Marc Faber: We don't have uniformed performance among emerging economies. You have the Chinese market, which is down from 6000 in 2007 to 2000, and you have markets like the Philippines, Indonesia, Thailand and Malaysia that have made new highs, and so it is not uniformed. In India, you do not have a particularly good macroeconomic background. On the other hand, corporations are doing reasonably well. So I have some investments in India.- in ET Now


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