Dr Doom contrasts Asia to gloom of Western world

Ongoing market volatility and a US economic downturn are on the cards, predicts contrarian investor Marc Faber, but the prospects in Asia are looking bright. There is no end yet in sight for global market volatility, which will affect all asset classes, says Faber, nicknamed ‘Dr Doom’ for his self-admitted tendency to be “ultra-bearish about everything”. For those who can’t handle volatility, he advises: “Better not to get out of bed in the morning.” The alternative to volatilit…