Market will continue to be a bright spot

japan

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Investors' interest in Japanese corporates is giving a boost to the economy of the country after 10 years in the doldrums and macroeconomic factors look likely to provide support for some time

After more than a decade of high-profile economic, financial and corporate woes, Japan has emerged as a bright spot of investment opportunity. Driven significantly by foreign investors' desire to increase cyclical exposure and take part in the risk trades that characterised 2003, Japanese equities and the Japanese economy have been the focus of much global attention. But is this apparent recovery different from previous rallies and can this upward momentum be sustained as the path of global economic recovery rolls into its next phase? Japanese GDP growth has continued to beat consensus...

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