Several investors have been looking favorably at Japanese stocks in the past few months, and market strategist Matt Orton is no exception. "Japan overall, has been a fantastic market ... Japan was the top performer within the Asian equity market complex," the chief market strategist at asset management firm Raymond James Investment Management told CNBC's " Squawk Box Asia " on April 1. Japan's Nikkei 225 Index is up nearly 20% year to date.
"What I really like about it, is the fact that you have, finally, interest rates increasing in the country — that's going to benefit financials, broadly speaking, but Sumitomo has an asset management business that's levered to other parts of the world, not just Japan," he said. "They also have a number of investments that they've made over the past decade, that you're finally starting to see good return on coming forward," Orton added.
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Stock market today: World stocks higher ahead of US and Japan rate decisionsAsian stocks have advanced and European markets started the day with gains ahead of policy decisions this week by Japan’s central bank and the Federal Reserve.
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Stock market today: World stocks higher ahead of US and Japan rate decisionsAsian stocks have advanced and European markets started the day with gains ahead of policy decisions this week by Japan’s central bank and the Federal Reserve.
출처: wjxt4 - 🏆 246. / 63 더 많은 것을 읽으십시오 »
Stock market today: Asian stocks gain ahead of US and Japan rate decisionsAsian stocks have gained ahead of policy decisions this week by Japan's central bank and the Federal Reserve. Chinese data released Monday were mixed, with property investment falling while other indicators showed improvement. Japan's benchmark jumped 2.7% on news that companies plan substantial wage hikes, which could boost the economy.
출처: AP - 🏆 728. / 51 더 많은 것을 읽으십시오 »
Stock market today: Asian stocks gain ahead of US and Japan rate decisionsAsian stocks are higher ahead of policy decisions this week by Japan's central bank and the Federal Reserve.
출처: wjxt4 - 🏆 246. / 63 더 많은 것을 읽으십시오 »
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