Marc Faber does not think equities will collapse but prefers emerging markets

Editor and Publisher of the Gloom, Boom and Doom Report Marc Faber does not think equities will collapse in the near future and that investors should all relax. But he prefers Indian, Thai and Singapore banks to those in the developed economies.

Dr Faber will be a keynote speaker at the Middle East Investment Summit next month in Dubai, and local investors will doubtless be hoping to hear what he thinks is the outlook for the Dubai Financial Market.