Marc Faber: “I like Vietnam” and Da Nang

Marc Faber: “I like Vietnam” and Da Nang

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For readers with an interest in Vietnam.

Some investors are off loading. On the other hand Marc Faber, or Dr Doom of the Gloom Boom Doom report speaking at the Barron’s Roundtable, on Vietnam (and also Danang):

“I like Vietnam. The economy has had its troubles, and the market has seen a big decline. I want you to visualize Vietnam. [Stands up, walks to a nearby wall, and begins to draw a map of Vietnam with his hands.] Here’s Saigon, or Ho Chi Minh City, the border with China, and the Mekong River. And here in the middle, on the coast, is Da Nang.”

When a conventionally bearish investor has a bullish view it’s time to take a second look.

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