Marc Faber recommends Health Care companies in Asia
Expect many more government stimulus packages and monetary injections, says Marc Faber, editor and publisher of the Gloom, Boom and Doom Report. He also tells CNBC's Martin Soong what sectors investors should look at in Asia.Asian markets made major lows last October November says Marc Faber and he does not think those lows will be broken , Marc Faber explains that you do not want to own a 30 years US government bond for the long run because he believes many more stimulus packages and many more monetary injections and that will lead to some inflation at some point , but what you want to own are assets , the Asian market is not yet saturated this is a huge advantage compared to Europe so a diversified portfolio in let's say Singapore will give you a dividend yield over the next ten years you will certainly make money out of these shares and these companies , in Asian market everybody can do well because the market is not saturated , In Europe if a company does well usually it is at the expense of someone else ..." "Marc Faber says he is a bog believer in Asia except japan that is doomed for decline , an investor with a global portfolio should have more exposure to Asia " Marc Faber likes besides Singapore shares Thai shares because Thailand have a big food industry and is competitive in sectors like tourism , Marc Faber top picks are Gold and Real Estate in Asia , Marc Faber likes Malaysian shares in top companies because they are stable businesses with a high dividend yield in sectors like food processing and healthcare companies Marc believes that in Asia the potential for healthcare is hugeMarc Faber ends by saying that he thinks that eventually the banking sector will recover thanks to the money given by the governments free of charge , even though the bankers dumb that they are would be able to make money thanks to the bailouts , but the next shoe to drop in the world will be commercial real estate credit cards defaults and a lot of loans wouldn't be repaid...
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