Volatility Will Increase, US Will outperform emerging markets in 2010 Marc Faber

Volatility Will Increase, US Will Lead in 2010 : Marc Faber

Marc Faber, editor and publisher of the the Gloom, Boom & Doom Report, shares his market outlook with CNBC.
Markets are likely to be more volatile and US markets are likely to outperform emerging markets in 2010, Marc Faber, author of the Gloom, Doom and Boom Report, told CNBC Wednesday.

"I think 2009 was an extraordinary year for capital gains because both commodities and stocks became extremely oversold," Faber said in an interview.

"I think 2010 is a year when capital preservation will be more important because I expect a lot of volatility up and down," he added.

Dr. Marc Faber also known as Dr Doom is an investment advisor, investment analyst and fund manager author and publisher of the Gloom Boom & Doom Report . Dr Faber is known for his contrarian investment approach. Dr Marc Faber is associated with a variety of funds and is a member of the Board of Directors of numerous companies.
he became well known for advising his clients to get out of the stock market one week before the October 1987 crash. Dr Doom motto is "Follow the course opposite to custom and you will almost be right"