Japan's economy on a roll?

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Jamo
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Japan's economy on a roll?

Post by Jamo »

I've read a few articles recently that have been pretty bullish on the Japanese economy. This is the latest: https://www.bloomberg.com/view/articles ... foundation

What do you guys think? The labor shortage problem is a pretty good reason for rises in wages and employment. If wages rise, then so will inflation. Tourism is up each year, in my city there's been a big increase, particularly in wealthy tourists willing to splurge on tours and goods.

Apart from the nenkin issue, things seem to be looking good.
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RetireJapan
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Re: Japan's economy on a roll?

Post by RetireJapan »

There's also the articles about how the Bank of Japan now owns something like 74% of Japanese ETFs through their money-printing/'easing' program.

Not sure how that one is going to end.

I'm pretty agnostic, just keep buying my monthly allocation each month ;)
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Zoomtokyo
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Re: Japan's economy on a roll?

Post by Zoomtokyo »

I think the fundamentals are pretty strong. Corporate earnings at a record high, etc. As for the BOJ, I believe it owns about 4% of the TSE's market cap, which doesn't seem excessive to me. My Nikkei index fund is the strongest performer in my NISA.
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