FABER: EMERGING MARKET OUTPERFORMANCE IS OVER

Marc Faber, founder of the Gloom, Boom and Doom report says high inflation in the emerging world is going to put pressure on these economies and cap equity prices. Although Faber is generally bearish about the long-term outcome of all this government intervention he believes the relative value of the developed world makes it more attractive than emerging markets currently.  Faber also explains his bullish outlook for oil prices.

Source: CNBC

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