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Friday, December 7, 2012
Marc Faber: Corporations are doing reasonably well
Marc Faber: We don't have uniformed performance among
emerging economies. You have the Chinese market, which is down from 6000
in 2007 to 2000, and you have markets like the Philippines, Indonesia,
Thailand and Malaysia that have made new highs, and so it is not
uniformed. In India, you do not have a particularly good macroeconomic
background. On the other hand, corporations are doing reasonably well.
So I have some investments in India.- in ET Now