Marc Faber : Emerging Markets Outperforming The US Despite Trump Rally

Already a year ago, I mentioned that if I had to invest the money for 5 or 10 years, my belief was that India would outperform the US because the US is a highly priced market. It is now 54% of global market capitalisation and India relatively would outperform the US for many years. So yes, I would say, already for 18 months or so. my view has been that you will make more money in emerging markets and last year some emerging markets in Asia significantly outperformed the US.

We were up between 15 and 25% in Indonesia, the Philippines, Thailand, Vietnam while the US hardly moved up. So far this year, despite all this hoopla (about the US market, most of the European markets have outperformed the S&P and emerging markets. Practically every emerging market has outperformed the US.


source: Economic Times

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.