VIDEO - EM Consumer Discretionary Companies are very Expensive

 "Indian stocks are down 40% in dollar terms in the last 2.5 years," says, Marc Faber, Investment Guru, Editor and Publisher, The Gloom, Boom & Doom Report.

He adds that EM consumer discretionary companies are very expensive. Watch as Faber tells Bloomberg TV India that it is a miracle that Indian economy has developed despite its government.



Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.