gsg_stock discussion

Marc Faber favours Taiwan, Malaysia and Thailand in a world of excessive valuation

Just received Marc faber's GBD report, something to share with all:

"Finally, while I prefer for now a high level of liquidity, believing that the "Domed House" could turn into a "Doomed House", for investors who must own equities Asia offers probably the best value. Asia ex-Japan has continued to underperform the global emerging market universe, and within Asia markets such as Taiwan, Malaysia, and Thailand have underperformed Asia. These stock markets, with their high dividend yields, would seem to have far less downside risk in a downturn than other more extended and overbought assets markets around the world."

posted by gsg @ 8:34 PM