Japan
Kuroda’s “Hail Mary” pass
written by Richard Katz on November 07, 2014
In the face of a growing loss of faith in the Bank of Japan’s ability to either achieve its 2% inflation target in the foreseeable future or to help boost real growth—and even snarky passages in the press about BOJ Governor Haruhiko Kuroda “stealthily extending the deadline for exiting deflation”—Kuroda threw a “Hail Mary” pass.
BOJ Doubles down to Save Credibility, Part 2
written by Richard Katz on November 05, 2014
Kuroda’s actions may have been triggered by a draft report by the BOJ staff reportedly projecting a large downward revision in expected inflation in fiscal 2015; in the end the BOJ made a small downward revision.
BOJ Doubles down to Save Credibility, Part 1
written by Richard Katz on November 04, 2014
In the face of growing loss of faith in the Bank of Japan’s ability to either achieve its 2% inflation target in the foreseeable future or to help boost real growth, Kuroda doubled down his strategy of lots of confident talk and even more money-creation.
The U.S. Dollar and International Economic Conditions
written by Michael Lewis on October 31, 2014
FMI's comparative analysis of the key economic indicators between the U.S. and other lcountries/regions.
Abe Poll Ratings Resume Plunge, Part 4
written by Richard Katz on October 30, 2014
Abe's falling approval ratings and the TPP stalemate.
Abe Poll Ratings Resume Plunge, Part 3
written by Richard Katz on October 29, 2014
Abe’s falling approval ratings make him even more cautious on restarting the nuclear power plants in the face of the two-thirds of the public that opposes restarts,
Abe Poll Ratings Resume Plunge, Part 2
written by Richard Katz on October 28, 2014
As we detailed in yesterday’s Alert, Prime Minister Shinzo Abe’s approval ratings have resume the steady slide that was temporarily interrupted by the Cabinet reshuffle in September. We suspect that his support remains “a mile wide and an inch deep.” If there were a solid alternative, either inside the LDP or from the opposition parties, we suspect his approval ratings would be even lower.
Abe Poll Ratings Resume Plunge, Part 1
written by Richard Katz on October 28, 2014
After a very short-lived bounce in his approval ratings from the Cabinet reshuffle in September, Prime Minister Shinzo Abe has suffered an equally quick tumble back to the pre-shuffle lows.
Possible Abe-Xi Meeting at Beijing APEC Summit
written by Richard Katz on October 17, 2014
The New York Times reported today that, according to Japanese officials, the two countries are working on an agreement for at least a photo op, and perhaps a 15-minute non-substantive meeting between Prime Minister Shinzo Abe and Chinese President Xi Jinping during APEC.
Japan Financial Markets Moved by U.S. Events
written by Richard Katz on October 16, 2014
The ups and downs of Japanese stocks have closely mirrored those in the US since August.
