Marc Faber says 'obvious' trade is Russian stocks off Trump's win

Marc Faber, editor and publisher of the Gloom, Boom & Doom Report, shared his views on the market, trade deals and the election in an exclusive interview Wednesday with CNBC's "Squawk on the Street."

On market valuations: "In the U.S. we have a fully priced stock market ... the large bargain you can find is in emerging markets in my opinion," Faber said.

On trade deals: "Under Trump TPP [Trans-Pacific Partnership trade deal] is off the table, that would be my impression."

On Russia: "The obvious trade with a Trump victory is to own Russian and Kazakhstan assets, bonds and equities."

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