Marc Faber : In general, emerging markets have been weak relative to the US and relative to Japan and for the next six months emerging markets (EMs) will not perform all that well."
"In India we had a market that performed superbly between March 2009 and just about three weeks ago. It was ready to come on the profit taking anyway. Now we have this profit taking phase and it will last for a while"
"We could easily in emerging economies have a correction of 20-30%." Marc Faber added
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.