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Old 16th March 2010, 01:36 AM
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Marc Faber optimistic about emerging markets

I've been to an investment seminar in Amsterdam with Marc Faber tonight.
Marc Faber is called Mr. Gloom Boom Doom, who
correctly predicted the rigorous stock market correction in 2008-2009 and credit crisis.
He is also pretty negative about economy in US and Europe coming 5 years.

But he is optimistic about emerging markets (China, Russia, India etc).
He is optimistic about investment in these countries (tourism,
banking, agriculture, etc).
I don't think that he knows about existence of IDNs, but
investment in IDNs of these countries is in line with the message
he brought during the seminar.

Just wanted to share with you his view of the markets.

Last edited by rofsjan; 16th March 2010 at 01:37 AM..
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Old 17th March 2010, 12:32 AM
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Re: Marc Faber optimistic about emerging markets

its not until Roubini turns positive on those countries that IDNs will true be a buy
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