Tuesday, December 10, 2013

Now We have a very large Valuation Discrepancy between the US and the Emerging Markets


Now we have a very large valuation discrepancy between the US and the emerging markets. So what you buy today - Do you continue to buy the US that may still rise or do you gradually move to emerging economies? I think it is too late to buy the US and it is probably too early to make a major commitment into emerging economy stock markets, because the growth in emerging economies will be slower in the next 3 to 5 years than it has been in the past 3 to 5 years, so I think that there will be still be some disappointment.




Marc Faber
Marc Faber 

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

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