Japan’s stock market is more than 70 percent off its 1989 record high and last month the country’s debt was downgraded for the first time in nine years. Time to buy Japanese equities, says David Herro.
“At these prices Japanese stocks are a steal,” said Herro, 50, manager of the $6.9 [...]
Posts Tagged ‘deutsche bank’
Oakmark’s David Herro Says Unloved Japanese Stocks a ‘Steal’
February 3rd, 2011 by Financial Writer
Tags: au, bank, ben, business, China, company, Debt, deutsche bank, dollar, economic, economy, economy grew, euro, Europe, european union, exports, finance, glo, government, increase, india, Invest, investment, investor, investors, japan, new york, prime minister, rate, stock, stock market, stocks, the dollar, us
more...AIG’s bailout disclosure surprised NY Fed
January 23rd, 2010 by Financial Writer
New York Federal Reserve officials debated in November 2008 whether the terms of the bailout of American International Group (AIG.N) could be kept secret from the public and whether securities regulators would even permit it to do so, according to emails obtained by Reuters on Friday.
The emails, given to Capitol Hill lawmakers by the New [...]
Tags: AIG, banks, deutsche bank, Federal Reserve, subprime mortgages