From Abenomics to Coronanomics

(Apr 2020) Peter considers the differences between the current Coronavirus crisis and the Global Financial Crisis of 2008 and the potential implications for Japanese equities.

SUMMARY

  • Monetization is a near certainty, with severe consequences for bond markets
  • Corporate Japan’s cash piles look like an increasingly attractive asset
  • Japan is a goldmine of depressed valuations

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