ET Now: What regions are you seeing as the most and least attractive for investment right now?
Marc Faber: The Chinese economy
is slowing down rapidly. In my opinion, it is not growing at any more
than 4% 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%,
we can expect a trading rally in China of 20%-30% over the next four or
five months. Additionally, the Japanese Yen has begun to weaken and
that should be a positive trigger for Japanese equities.