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Saturday, December 7, 2013
The Return from Equities will be very muted in the next few years
Q: If it is not the developed market equities and it is not the emerging market equities where would you put your money to use at current levels?
Marc Faber : I think what people hate today is essentially to hold cash and my sense is that the return from equities will be very muted in the next few years. Maybe you will make something like 5-10 percent per annum, but even that would be a very high return considering that in the western world - in eurozone, in America and in Japan you have essentially zero interest rates. So if equity investors make 5 percent per annum, it is actually a very higher return. - in a recent interview with CNBC TV18
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.