A Weak Yen Could Be A Trigger For Japanese Equities

The Chinese economy is slowing down rapidly. In my opinion, it is not growing at any more than 4 percent now. The market was at 6000 in 2007, and today we are down to around 2000. Clearly, the market has already discounted a lot of bad news and if a junk country like Greece could rally from the lows of 65 percent, we can expect a trading rally in China of 20-30 percent over the next 4 or 5 months. Additionally, the Japanese Yen has begun to weaken and that should be a positive trigger for Japanese equities. - in Economic Times

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