Wednesday, August 14, 2013
Emerging Markets heading Lower , too early for Them to Rebound
Marc Faber : I mean, look, there has been a huge out performance of the u.s., vis-a-vis emerging markets over the last, say, 18 months. out performance of, say, roughly 30%. so it's logical that some people say, okay, the U.S. is up there, Europe is down, and emerging markets have performed so badly, let's move back into the emerging economy. so i would say this is too early. i think the emerging markets may rebound somewhat, but i think in general, they will head lower.
in a recent CNBC interview , Click here to watch the full interview >>>>>
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.