Japan: on the move

Though there are several risks that may affect Japan’s embryonic economic recovery, one risk we don’t include is premature Bank of Japan (BoJ) tightening; indeed, the BoJ may become more explicitly committed to actually easing as recovery progresses. And despite the fact that we believe the yen will rise, we feel the economy should withstand this rise comfortably.

The latest round of data gave a big boost to the odds that Japan is finally escaping its Great Recession. The Tankan business

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