Byron Wien, vice chairman of Blackstone Advisory Services is bullish on japanese stocks and said that while Japan is not in a boom, things are getting better:
“I would definitely start buying now. Everybody who could sell Japan has sold Japan. Everybody is on one side of the boat. My view is that we have a pretty good chance of having this one be the best of the major industrialized markets. It’s not a boom, but things are getting better.”
Other market strategists have been turning bullish on japanese stocks recently and Marc Faber considers the japanese banks to be the best contrarian play of 2010.
No comments:
Post a Comment