Japan Tag

Are Japanese Stocks Poised for a Change in Trend?

15 Nov, by Knowledge Leaders Team in Uncategorized

The Japanese stock market has had a good run over the last few months (especially the price weighted Nikkei, which has risen 16% since the June low) and headline indices are close to or have already broken above their May highs on a nominal basis....

More Disappointing Japanese Survey Data

12 Nov, by Knowledge Leaders Team in Uncategorized

Yesterday we cited the weaker Economy Watchers Survey as the latest indicator to suggest printing money on overdrive is no more a panacea than printing money in 4th gear (as we have in the US)....

Japan’s Economy Watchers Survey and LEI Are Diverging

11 Nov, by Knowledge Leaders Team in Uncategorized

QE is rolling on in Japan, but we’re starting to see some mixed signals when it comes to the real economy, the latest of which is the divergence between the just released and widely followed Economy Watchers Survey and the Leading Economic Indicator....

Sony Misses Earnings as Downtrend Reasserts Itself

31 Oct, by Knowledge Leaders Team in Uncategorized

Sony reported lower than expected sales and EPS estimates and lowered its full year profit guidance yesterday, serving as a stark reminder that Abenomincs is hardly a panacea for Japan’s struggling consumer electronics industry....

KDDI Gets Clobbered as Nikkei Plunges 2.75%

25 Oct, by Knowledge Leaders Team in Uncategorized

The Nikkei had the pre-FOMC jitters last night finishing down 2.75% to close at the medium-term rising trendine. KDDI took it on the chin as the worst performing stock on the day, finishing down 5.3% on bets it will loose market share to NTT DoCoMo...

Japanese Real Exports Stagnate Again

21 Oct, by Knowledge Leaders Team in Uncategorized

At the heart of Abenomics is the presumption (or hope?) that a lower yen will stimulate export volume. Indeed September exports denominated in yen were up about 11.5% year over year. But real exports were up just .4%....