Sunday, June 15, 2014
Marc Faber : India to outperform Global Equities next 6-12 Months
Marc Faber said his outlook on the Indian market has turned more bullish than what he was a while back.
He has been accumulating India for a while and although he doesn’t believe that this is a multi-year bull run for Indian equities, he does believe that India will outperform other global equities for the next six-12 months.
He also says that he has been accumulating India and specifically has been grossly overweight on Indian banks. He believes that in 2014 banks is the place to be despite the run up that we have already seen.
Read more at: http://www.moneycontrol.com/news/fii-view/india-to-outperform-global-equities-next-6-12-months-faber_1089145.html?utm_source=ref_article
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