And we’ll have volatility in emerging economies, but in general I think that as a percent of world’s GDP, you will find in 10-20 years time countries like India, China, Vietnam, Latin America, Africa, the Middle East, Russia, Central Asia will have a much larger weight and also a much larger say in the global economic affairs and political affairs. And that will lead to a lot of tension and volatilities in asset markets.
in wallstreetpit.com
Related ETFs: iShares MSCI Emerging Markets Indx (ETF) (NYSE:EEM), iShares FTSE/Xinhua China 25 Index (ETF) (Public, NYSE:FXI) , iPath MSCI India Index ETN (NYSE:INP) , Market Vectors Vietnam ETF. (NYSE:VNM), iShares MSCI Brazil Index (ETF) (NYSE:EWZ)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.