Thursday, May 29, 2014

Stock market Put protection

In a diversified portfolio I think that Treasury Notes and Treasury Bonds would rally, if stocks fell sharp. This is a way of having a put in the stock market.

Monday, May 26, 2014

Momentum stocks have fallen down 30 to 50 percent from their highs

Marc Faber talks to Trish Reagan of Bloomberg TV

Tuesday, May 20, 2014

Africa and middle east growth

African economies and middle-eastern economies will grow quite rapidly, may be at Five per cent to Six per cent per annum. 

They are coming from a very low base.

Sunday, May 18, 2014

Marc Faber: Vietnam and Iraq to grow

The most attractive stock markets macro economically and technically in terms of valuation is probably Vietnam and Iraq, which as an economy is not problem-free but it will grow; the valuations are extremely low. So, these two markets will perform reasonably well. 

Wednesday, May 14, 2014

China troubles to impact commodity producing countries more

On India, the impact of slowdown in China will not be that significant because India is not a huge supplier of commodities to the world. 

When China began to grow very rapidly after the late 1990's, it obviously drove demand for commodities higher along with the prices. So the commodity prices have seen huge increases between 1999 and July 2008, and now that the Chinese economy is slowing down, the increase in the rate of growth of purchases has slowed down considerably, and in some cases, the growth is negative.

So, my view is it will have very meaningful impact on resource producers such as Brazil, Argentina, Africa, Central Asia, Middle East, and Russia. And, I don't think that emerging economies will actually accelerate upside this year, I think they will slow down further. 

Tuesday, May 13, 2014

Monday, May 12, 2014

China troubles will be felt worldwide

The Geo-political situation of the world has worsened, and when there are tensions that could lead to repricing of risky assets. Now, China has become the most important economy in the global context in terms of growth, and if there is crisis then it will be felt globally. 

Wednesday, May 7, 2014

University degree can be useful

My father’s view was that I would have to work all my life and that to spend a few years at University - provided I qualified - would “inflame” my intellect and provide me with the opportunity to decide in what field I would spend the rest of my life.

Monday, May 5, 2014

Russian stocks have become very cheap

I made some investments more than a year ago in Iraq, because it's very cheap. There's lots of problems but the market is very very inexpensive. Russia is dirt cheap, but I don't think there is a hurry to buy Russian stocks.

Thursday, May 1, 2014