Sunday, November 13, 2011

Marc Faber: US Markets Could Outperform

Interview with Marc Faber on the 14th of November 2011.

They discussed the current European debt crisis, his current portfolio allocation recommendation (25% stocks, 25% real estate, 25% bonds and 25% gold) and his views on the market.

He thinks emerging markets have bottomed out for the time being and that US market will probably continue to outperform other market, because of the Federal Reserve policy. The fed is considering a target of 7.5% unemployment before raising rates, but it may actually never happen.

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