Thursday, February 17, 2011

Marc Faber : Emerging Economies are very tied to the Chinese economy

Marc Faber :".......In general, the issue is that between 2008 and today, emerging economies have performed very well economically speaking and the rest of the world has not, and therefore, we had an outperformance in emerging economies' stock markets. Now, the question is emerging economies are very tied to the Chinese economy, and if the Chinese economy slows down or goes into a recession or there is a bubble that bursts in China, before the developed market economies recover strongly, what the implications will be on equities? That's why I feel more comfortable today to move back some money out of emerging economies into the developed markets. ...."
via www.economictimes.indiatimes.com

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

LinkWithin

Related Posts Plugin for WordPress, Blogger...