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Abe’s strategies for Japan inspire confidence

Rappler.com

SUMMARY

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Screen shot from Bloomberg.
Newly installed Japanese Prime Minister Prime Minister Shinzo Abe’s efforts to boost exports by weakening the yen and end two decades of deflation are resulting in record investor confidence and bullishness. Bloomberg’s global poll of investors, analysts and traders showed 54% said they’re more optimistic than pessimistic on how Abe’s policies affect Japan’s investment climate, up from the 21% asked two months ago about predecessor Yoshihiko Noda. Abe is Japan’s 7th prime minister since 2007 and has called for unlimited monetary easing and a doubled central bank inflation target to help revive the world’s 3rd biggest economy.

Read more on Bloomberg.

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