Marc Faber : We have to clarify the statement about how bad it was for equities worldwide because the US market was flat and it significantly outperformed most other markets in the world in particular emerging economies stock markets. This resembles the underperformance we had in 2008 that made the major buying opportunity. What we will have in 2012 is initially maybe some maybe further weakness in emerging economies against the US market and then a major low in emerging stock markets, including, India. I was looking for India to bottom out the Sensex between 12,000 and 15,000 and we are getting there slowly.
I don't mean to be rude, but can you please fix the sound quality! of the video. It is very bad.
ReplyDelete@Ben sorry there is nothing I could do about the quality of the sound , it came this bad from the original source so there is nothing I could do about it ....
ReplyDelete