European Equity Markets Safer Than Bank Deposits

Marc Faber : Also if you are an investor in one of these countries (Italy and Spain), what are you going to be more comfortable holding — the deposits in one of your banks or equities? So, I think a lot of money is flowing into these equity markets because the perception is that they are safer than bank deposits. - in Squawk Box CNBC Asia

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.