Tuesday, October 24, 2006

Faber sees emerging markets outperforming U.S.

Also at Bloomberg.com, see the latest interview segment with Marc Faber, "Faber Sees Emerging Markets Outperforming U.S., Likes Argentina".

Always interesting to hear his thoughts, but personally I have to wonder how he can stomach some of the idiotic questions/debate points thrown his way by some of these sycophantic reporters and panel guests. It seems they are consistently interrupting the guest or throwing out idiotic statements in an effort to discredit logical and original thinking.

Witness the guest speaker's assertion that liquidity is not coming from the U.S. Federal Reserve, but from "petrodollars". Of course, Faber makes short work of him. So sad.