• A Strong Prime Minister Abe Poised to Deliver Positive Pro-Growth Policies

    2 monthes ago - By ETF Daily News

    From WisdomTree : On Thursday, Japanese prime minister Shinzo Abe was re-elected as the ruling Liberal Democratic Party leader, winning by a very solid 70-30 margin against his one internal competitor. Abe thus has a very strong internal party mandate and will continue to be Japan's prime minister for another three years. This bodes well for Japan's economy in general and Japanese risk assets in particular. From here, two specific forces should combine to allow a Nikkei rally toward the 30,000 level over the next six months:
    1. Pro-growth policy surprises 2. A sharp upturn in the momentum...
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