“Abenomics is working,” says Klaus Baader, from Societe Generale. The economy has roared back to life with growth of 4pc over the past two quarters – the best in the G7 bloc this year. The Bank of Japan’s business index is the highest since 2007. Equities have jumped 70pc since November, an electric wealth shock. “Escaping 15 years of deflation is no easy matter,”
The end of Japan’s lost decades?
July 25th, 2013 · No Comments