Schroders Japan Alpha Plus manager says region will not be hit with crisis of confidence despite year's events.
Among the brigade of economists and investment strategists a depressing idea has been gaining traction in recent years, one we might call the Japanification of the Anglo Saxon world.
THE AGE OF EQUITIES IS OVER
Moody's downgrade of Japan's credit rating last week came as no shock to markets, while economists warned the appreciation of the yen is a more crucial issue for the country.
Japan's beleaguered prime minister Naoto Kan has resigned after a turmoil-filled 15 months in office, clearing the way for the country's sixth leader in five years.
Asian markets are trading lower as investors weigh up hopes of further action by the Federal Reserve against Moody's downgrade of Japan.
Credit rating agency Moody's has downgraded Japan's sovereign debt rating by one notch, saying weak political leadership has hampered growth.