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Sneak Peek of Yahoo! Finance's New Show: Marc Faber Calls "Lifetime Buying
Opportunity"
Posted Mar 16, 2011 04:18pm EDT by Aaron Task
Related: EWJ, ^GSPC, ^DJI, YHOO, SPY, iwn, eem
We've got some news, folks. Yahoo! Finance is launching a new daily trading
and investing show called Breakout. Hosted by Matt Nesto and Jeff Macke, the
show will launch next week.
Nesto and Macke joined Henry and me today to talk about the new show and to
give us a sneak preview.
As you'll see in this clip, they spoke with legendary investor Marc Faber,
the author of the Gloom Boom & Doom report, who gave them a big headline:
Faber called the sell-off in global markets a "lifetime buying opportunity"
in Japan.
Faber, while reiterating a positive stance on Japanese equities, also told
Macke and Nesto that U.S. markets could drop as much as 20% to 30% before
becoming attractive on a valuation basis.
We'll keep you posted on Breakout and other developments here at Yahoo!
Finance, so stay tuned.
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