How bad will the Nikkei meltdown get?: "Last week, Japan reported a 1.3 percent on-year rise in its nationwide core consumer price index (CPI) for the month of December, a sign that the economy is making progress on ending years of deflation.
"And at the end of the day it is money that makes the world go round, not regulatory policy," Koll added."
"Japanese stocks have been hit hard in the last few days mostly because the concerns about emerging markets have led to a flight to quality which has strengthened the yen," he said.
"I think the long-term direction of yen is down and that [Japanese stocks] is one place where we would recommend buying on weakness," he added.
'via Blog this'
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