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Saturday, December 28, 2024 | 01:55 AM ISTEN Hindi

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All asset classes are vulnerable as things stand, says Marc Faber

The Nifty50 index hit a lower circuit on Friday as panic spread.

Marc Faber
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India has just started to report coronavirus cases and I feel the country is under-reporting them. India is as vulnerable, if not more, as other markets. - Marc Faber

Puneet Wadhwa New Delhi
The global equity markets saw a major sell-off last week with the Dow Jones Industrial Average (DJIA) slipping into bear terrain. The Nifty50 index hit a lower circuit on Friday as panic spread. MARC FABER, editor and publisher of The Gloom, Boom & Doom Report, tells Puneet Wadhwa that investors are too complacent about the impact the coronavirus pandemic might have on global economic activities. Though the markets may see a strong rebound in between this slide, they will be unable to reclaim the highs. Edited excerpts:

How do you see the global financial markets play out in the backdrop of

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