Marc Faber on Bloomberg 12/9/10
Deficit to Remain High As Far As the Eye Can See!
an excerpt from the dialogue between Bloomberg's LIU and Doctor Marc Faber editor and publisher of the GLOOM, BOOM, AND DOOM REPORT
LIU: ...So then, Marc, if you would buy into treasuries on a rebound, would you also buy into equities at all then, U.S. equities?...
MARC FABER: ...Well, I mean, U.S. equities come up reasonably well compared to emerging market equities at the present time. This is not a long-term call. But tactically, right now, I think the US market may actually outperform emerging markets. The market I like actually best is the Japanese stock market....
LIU: ...The Japanese market? Well, that's an idea. Marc, we'll have to leave it there. Good to talk with you. Marc Faber there from Thailand. ...
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