What Mr Marc Faber said in Feb:
- US market will outperformed Emerging Markets, not necessary up, but if goes down, it will go down lesser than the EM because EM had rebounded stronger than US.
- Correction of gold may be expected
- Current bouyant stock markets mainly due to bailouts, stimulus, zero interest, government interventions, which will not be sustainable for long term
MyView
2011 is unlikely to do better than 2010 due to large stimulus. A major correction of stock market (10 - 20%) is around the corner. Get ready for a rough ride. Shorting the market may be a good idea (if you are an aggressive player)
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