Dr. Farber`s emerging markets outlook (from Commodity Online):
"While he is very bullish long-term on emerging markets, investors should avoid (or at least lighten up on) emerging market stocks right now. They should only be bought on corrections which would represent favorable entry levels. Overall, Faber thinks the SP 500 will outperform emerging markets in 2011. The only emerging market that looks attractive right now is Vietnam (VNM)."
Related ETFs: iShares MSCI Emerging Markets Indx (ETF) (NYSE:EEM), SPDR S&P 500 ETF (NYSE:SPY), iShares MSCI Brazil Index (ETF) (NYSE:EWZ), Market Vectors Vietnam ETF. (NYSE:VNM)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Subscribe to:
Post Comments (Atom)
1 comments:
Alliance and Leicester Online Banking
The only emerging market that looks attractive right now is Vietnam.
Post a Comment