What impact will Abenomics have on domestic stocks?

ON JAPAN

Abenomics is having a real impact on Japan's economy, and domestic-facing stocks will be beneficiaries, argues Artemis' Global Select manager Simon Edelsten.

During the summer, the release of data indicating that Europe might see positive GDP growth this year (possibly as much as 0.5%) prompted a great deal of excitement. In contrast, a far stronger GDP reading from Japan – and its highest inflation figure for five years – was greeted with a shrug of indifference. You might not know it from reading the newspapers, but the investment case for Japan became rather stronger over the summer. So where next for Abenomics – and for Japan?  Abenomics is clearly starting to affect the real economy. The most recent GDP figures suggested that the Japa...