Marc Faber: US and Europe to Outperform Emerging Markets in 2011

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Jan 19, 2011
Marc Faber, author of the Gloom, Boom & Doom Report talks about his outlook of 2011.

Marc Faber thinks US and Europe will outperform emerging markets this year, precisely because the economies of the former are doing well lately.

The inflation in food and energy reduces the purchase power of the low income countries such as China and India.

Faber advises one to own oil and energy equities.



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