Sunday, February 16, 2014
The Thai Stock Market -- We're about 20 per cent [down] from the peak and four times the low
"The Thai stock market bottomed out on November 28, 2008, or more than five years ago when the SET [Index] was at 380. It peaked on May 21, 2013, at 1,649. Then it dropped to 1,205 on January 6 and now it is about 1,300. We're now about 20 per cent [down] from the peak and four times the low,"
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.
Posted by Nicole Bourbaki