The Japanese Stock Market Is Cheap if You’re Cheerful

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Abenomics isn’t such a dud as many investors seem to think and Japan’s stocks merit watching if the global economy turns up, writes Jmackin2

Investors think Prime Minister Shinzo Abe’s “three arrows” of loose monetary policy, fiscal stimulus and reform of capital and jobs markets have misfired since he started Abenomics in 2012, and that they won’t reach their mark any time soon.

 

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