02 January, 2012

Expecting Further Weakness In Emerging Markets (vs. US Stocks)

What we will have in 2012 is initially maybe some maybe further weakness in emerging economies against the US market and then a major low in emerging stock markets, including, India. I was looking for India to bottom out the Sensex between 12,000 and 15,000 and we are getting there slowly. - in MoneyControl

Related, iShares MSCI Emerging Markets Index ETF (EEM)

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.