Marc Faber: That's right. I like stocks such as SIA Engineering (SIE.Singapore) and Kingsmen Creatives(KMEN.Singapore) in Singapore. As for REIT stocks, they rose 40% last year, and are up 10% to 15% this year. They won't keep rising that way, but yields of 5% and 5.5% compare favorably with those of U.S. REITs. Plus, if inflation picks up, the REITs can raise their rents. In a world of inflated asset prices, there is a competition to choose the least-ugly assets. - in Barron's
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.
