Monday, May 21, 2007

Faber Says U.S. Stocks Are Less Expensive Than Spanish, Emerging Markets

(Bloomberg) -- U.S. stocks are more ``reasonably
priced'' than other markets following the dollar's decline,
according to Marc Faber, who oversees $300 million at Hong Kong-
based Marc Faber Ltd.

``U.S. stocks are not the biggest bubble,'' Faber said in
an interview. Emerging markets and the Spanish property market
reflect larger bubbles, he said.


Read more at Bloomberg Emerging Markets News

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