Wednesday, September 22, 2010

Marc Faber and Nouriel Roubini disagree over Japans prospects

http://www.citywire.co.uk/money/two-dr-dooms-clash-over-japans-prospects/a432476

Nouriel Roubini and Dr Marc Faber are both widely known in investment circles as ‘Dr Doom’ for their generally pessimistic views on markets.
As both have called markets correctly ahead of some of the biggest bear markets of recent years, it is striking when the pair disagree.
In this case, they are at odds on the future direction of the Japanese currency and its implications for Japanese equities.

Bullish on Japanese equities

Faber, author of the influential Gloom, Boom and Doom report, is relatively bullish on prospects for the Japanese stock market over the next 12 months because he is expecting the yen to depreciate in price.
read article >>>>

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