"Faber remains very bearish on emerging markets in general (Brazil, India, etc). He notes that many failed to make new highs in January, despite favorable market conditions, which could indicate a major top in some emerging markets. Faber thinks emerging markets could fall between 20-30%. In fact, this would be a great buying opportunity for investors." - in iStockAnalyst, from the Gloom, Boom & Doom Report
Related: SPDR S&P 500 ETF (NYSE:SPY), ProShares UltraShort S&P500 (ETF) (NYSE:SDS), iShares Russell 2000 Index (ETF) (NYSE:IWM), iPath MSCI India Index ETN (NYSE:INP), WisdomTree India Earnings Fund (ETF) (NYSE:EPI), iShares FTSE/Xinhua China 25 Index (ETF) (NYSE:FXI), Market Vectors Vietnam ETF. (NYSE:VNM), iShares MSCI Emerging Markets Indx (ETF) (NYSE:EEM) , Market Vector Russia ETF Trust (NYSE:RSX), 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.
