Marc Faber News Blog Investments and Trading Ideas - A Tracking Blog About Dr. Gloom Boom & Doom Marc Faber , Daily Tracking of Dr. Marc Faber Investment Strategy , Market analysis , Outlook & Media appearances
Wednesday, April 9, 2014
Marc Faber Prefers India Over The US For Investing
There is some optimism
about the Indian markets because the current account deficit (CAD) is
shrinking, and the rupee, which was very weak until about five months
ago, has been strengthening. Though, I think the rupee will weaken
The global investors
look at valuations, they have their models, they see Turkey, Russia,
Brazil, India, Vietnam and China as relatively depressed markets, and so
they have moved some money into these markets.
If have to choose
between US and India for investing all your money today, I think I will
probably choose India. The corporate sector is run quite well in India.
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.