Marc Faber : Indian companies more attractive, easier to evaluate

On the sidelines of the Invest10 investment forum in Geneva, the editor of the Gloom, Boom & Doom Report told Reuters in an interview on Wednesday that ultra-low interest rates were making it difficult to value assets in developed economies, and that countries like Thailand, Singapore and Vietnam would do better short term.

“US and European interest rates are negative in real terms, the rate of inflation is significantly higher than what governments are saying,” Mr Faber said. “You can see it when you pay for your insurance premiums, your groceries, your child’s pre-kindergarten schooling in New York there has been a loss of pricing power for most people.”
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