"Last year, emerging markets and Europe grossly underperformed the U.S. - say in the case of India by 40 percent. So from the lows in November, the emerging markets have now outperformed the United States.
Now I think the markets are overbought and a correction is coming very soon. - in CNBC
Marc Faber is a great contrarian investor and publisher of the Gloom Boom & Doom Report. He is well known for his accurace predictions of stock market crashes and other correct calls on different investment assets.