Q: What’s your outlook on global asset allocation?
Marc Faber : If I were to buy stocks, the valuations in the
United States are currently the highest, followed by Europe. The
cheapest markets are in emerging economies at the given time, such as
Asia. I have some protection, and at least a cash flow at the moment.
The risk-reward of buying today is not particularly favorable. - in USA Today
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.