Tuesday, September 8, 2015
The US Market is overhyped and Expensive in Terms of Valuation
Marc Faber : ‘In terms of relative value I don’t think emerging markets are cheap cheap but I think the return expectation I would have over the next seven-10 years by investing in emerging markets would be much higher than say US stocks,’ Faber said.
‘The US market is overhyped and expensive in terms of valuation from a historical perspective.’ the author of the Gloom, Boom & Doom report told Bloomberg recently
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