Saturday, February 19, 2011

Marc Faber : because of the FED interest rates Money Flows to Singapore, Thailand, Malaysia, markets where you can have stocks yielding 5% on the dividend

Marc Faber : “I think the difficulty is what to do with money when interest rates are essentially at zero on US dollar then obviously people look at their portfolios and they see stocks that have dividend yields. In Singapore, Thailand, Malaysia, you can have stocks yielding 5% on the dividend. So, the money flows essentially into these stocks.”

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