Thursday, January 5, 2012

2012 could see a major low in emerging stockmarkets

“I think we should invest in the U.S.; I say maybe that’s correct for the next three months or so but I would rather be looking at an entry point in [stock] markets like India over the next six to nine months,” he said.

Marc Faber is a famous contrarian investor and the publisher of the Gloom Boom & Doom Report newsletter.