Investors in Japan may feel the equity market has once again flattered to deceive with the sparkling initial performance a distant memory by the mid-year.
Investors in Japan may feel the equity market has once again flattered to deceive with the sparkling initial performance a distant memory by the mid-year. The year got off to a promising start with leading indicators suggesting an improving US economy and European sovereign issues temporarily off the front pages due to the sugar rush from ECB hand-outs. Japan’s own central bank provided further impetus in February with an increase to their asset purchase scheme and a surprise announcement of a 1% inflation target. This heady mix of stronger US growth, apparent eurozone stability and loos...
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