“If I had to make a bet for the next ten years in terms of equity markets, I would seriously consider a very strong weighting here in Japan. Once the debt market starts to go down, the yen will begin to weaken and that will lift equity prices. I would buy equities at the present time.”
in a CLSA Asia-Pacific Markets, Tokyo
Related: iShares MSCI Japan Index (ETF) (NYSE:EWJ), Sumitomo Mitsui Financial Grp, Inc.(ADR) (NYSE:SMFG) , Mizuho Financial Group, Inc. (ADR) (NYSE:MFG) , Mitsubishi UFJ Financial Group Inc (ADR) (NYSE:MTU), Sony Corporation (ADR) (NYSE:SNE), Toyota Motor Corporation (ADR) (NYSE:TM) , HONDA MOTOR CO., LTD. (ADR) (NYSE:HMC)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
