The Lesson from Japan
May 20, 2013 at 09:12 AM EDT
Japan’s stock market is on a roll, largely because expectations have dramatically changed this year about the underlying state of macro for the planet’s third-largest economy. The iShares MSCI Japan Index ETF (EWJ) is up a potent 24% year-to-date. That’s a substantial premium over the 18% gain for US stocks SPDR S&P 500 (SPY), for [...] View the full post at: The Lesson from Japan Related posts: Japan’s Troubles Japan to Implement a $154 bln Stimulus Package to Revive its Economy Will Japan Take a Samurai to the Dollar?
