Japan 07 (Oct 23 - Dec 26)

[behappyalways]

Real wages in Japan are at a record low.

At some point, the population will realize they no longer want to be failed monetary policy guinea pigs, rise up against the incompetent PM and the cartoonish buffoons at the BOJ and that will be that.

https://twitter.com/zerohedge/status/17 ... 5902493999

[behappyalways]

Tokyo has some of the lowest office vacancy rates in the world
https://twitter.com/Mayhem4Markets/stat ... 8073749595

[behappyalways]

Why is Japan’s Yasukuni Shrine so controversial?
https://m.youtube.com/watch?v=RRqA14IEBPU

[behappyalways]

Put the economy first!
To fight inflation, Japan must pay back taxes to the people.
Extend subsidies and enter a period of change in the next three years.
Kishida’s policy speech will revitalize Japan’s economy.

經濟擺第一!日相抗通膨要還稅於民.延長補貼 未來3年變革期 岸田施政演說要重振日本經濟｜非凡財經新聞｜20231023

https://m.youtube.com/watch?v=oI75XUhFGtY

[winston]

World’s Largest Pension Fund Posts $4.5 Billion Quarterly Loss

GPIF’s holdings of Japanese debt have worst slump on record

Dollar’s strength helps performance of overseas assets

By Hideyuki Sano and Takashi Umekawa

Source: Bloomberg

https://www.bloomberg.com/news/articles ... #xj4y7vzkg

[winston]

Japan’s fading rally drives some investors to cheap China shares

By John Cheng & Ishika Mookerjee

Headwinds are growing for Japanese equities including deteriorating global growth and concern the era of yen weakness that has bolstered exporters’ earnings may be nearly over as the central bank comes under pressure to tighten policy.

Conversely, optimism is building that Beijing’s efforts to bolster the economy and local equity markets will help end a slump that has made Chinese equities among the world’s worst performers this year.

Another risk for Japanese shares is the heavy positioning by global funds. Overseas investors have bought a net US$30.7 billion (RM145.2 billion) of local stocks this year through Oct 27, on track for the biggest year of purchases since 2013.

Any downdraft in Japanese stocks may accelerate if the yen starts to strengthen. The currency has plenty of room to appreciate as it’s tumbled almost 13% this year and is close to a three-decade low.

Companies in the CSI 300 Index will see earnings grow an average 22% over the next 12 months.

The CSI 300 Index is trading at 10.5 times forward earnings, below its five-year average of 12.4 times. The Topix trades at 14.3 times, in line with its five-year mean.

Source: Bloomberg

https://theedgemalaysia.com/node/688866

[behappyalways]

Japan's Doomed Premier Plans To "Fight" Inflation And Boost His Record Low Rating With $110BN In Stimmies And Cash Handouts
https://www.zerohedge.com/markets/japan ... n-stimmies

[behappyalways]

Schools get new life after closure in ageing Japan
https://m.youtube.com/watch?v=UXNBV3y94TM

[behappyalways]

Japan's wages, consumer spending extend declines in test for BOJ policy
https://www.channelnewsasia.com/busines ... cy-3902116


Interesting chart showing the sensitivity of various equity sectors in Japan to a 1-Yen depreciation against the USD.
https://twitter.com/AyeshaTariq/status/ ... 4220108910

[behappyalways]

Next Level Banana Republic: Japan State Finance Minister Resigns After Getting Caught Evading Taxes
https://www.zerohedge.com/markets/next- ... ing-caught