Sunday, December 27, 2015
Marc Faber: I would say to Buy Emerging Market Stocks
ETF.com: Do you see value in the emerging market stock market after they've come down so much?
Marc Faber: There is value here and there. But in general, considering the slowdown I'm expecting, there's no hurry to buy these emerging markets. You can wait for another six months or so.
If you said, "Marc, here's $1 million. You have to choose, and you can only choose one thing: You can buy the U.S. stock market or you can buy emerging market stocks." If this was an investment for the next five to 10 years, I would say to buy emerging market stocks
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