Wednesday, January 30, 2013

Japanese stocks can rally short term


Rogers says the new Japanese Prime Minister, Shinzo Abe, won his election on promises to increase quantitative easing to jumpstart the stagnating economy. Consequently, the Japanese yen has been depreciating and Japanese equities have been rallying on the optimistic outlook.

It all may sound good and feel good to investors, “but by the end of 2013, all this will be wearing off,” Rogers warned. “We will see serious problems and ramifications down the road.”


Jim Rogers

Warren Buffett

Nouriel Roubini