Hedge fund manager J. Kyle Bass and JPMorgan Chase & Co.’s Jesper Koll, who hold opposing views on Abenomics, both agree a selloff in Japanese government bonds is not over.
Japan’s new Prime Minister Naoto Kan will introduce policies likely to spur economic growth and earnings, boosting stock prices, strategists at JPMorgan Chase & Co. and Deutsche Bank AG said.
The last time a dispute between Japan and China blew up in 2010 over eight uninhabited islands, the economic fallout lasted less than a month. This time, the spat is prolonging a recession in the world’s third-largest economy.
When her sister graduated from Harvard University in 1981, Kathy Matsui’s father gave her a choice: Get accepted, or get ready for a lifetime of labor raising roses.
Japan’s shrinking economy is poised to get a lift from the children of baby boomers taking out their first mortgages with rates close to a three-year low.
"The next move is fiscal policy, with the delay in the VAT hike next year now a virtual certainty."
- Jesper Koll on Nov 16, 2014