Abenomics should see Japan through. Efforts are on to weaken the yen, revive profits and help restore confidence in the economy. There are blips like the technicality of recession; but then the Japanese economy has been on a 'price harakiri' since 1990s. Price falls have hollowed out Japanese manufacturing.
So stimulus has to be on: we really are looking at softer interest rates for quite a few months from now on. So Gold is again picking up. The strengthening of the Euro , is however a cause for concern for the Europeans. US economy would benefit and hence Wall Street should do well.
So stimulus has to be on: we really are looking at softer interest rates for quite a few months from now on. So Gold is again picking up. The strengthening of the Euro , is however a cause for concern for the Europeans. US economy would benefit and hence Wall Street should do well.
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