Geffen & Dowey: Japan's QE is not just a 'sugar high' for markets

Abenomics in Japan has been a roaring success, and should not be seen as just a quick fix 'sugar high' for markets, according to Neptune's CEO Robin Geffen and chief economist James Dowey.

After a recent trip to the country where Geffen and Neptune chief economist James Dowey met officials from the Bank of Japan and Ministry of Finance, they are confident the region's economy and stockmarket will continue to grow thanks to the "radical economic mandate" implemented by Prime Minister Shinzō Abe. Dowey said, so far, Abenomics has been a "roaring success". The Nikkei 225 index reached a 15-year high this week as the government's stimulus continues to support asset prices, but there is more to the QE programme than just a short-term boost to shares. "We have seen the market...