Japan’s Recession Is Worse Than We Thought—but Abe Will Still Win Big – BloombergBusinessweek 12-08-14

Salient to Investors:

  • Taro Saito at NLI Research Institute said the latest economic report reflects a pretty bleak picture of Japan’s economy.
  • Jeff Kingston at Temple University Japan said Abe is fortunate enough to be up against a politician who is extremely uninspiring and who represents a party not ready for prime time. Kingston said every one of Abe’s signature policies is overwhelmingly opposed by the Japanese, but he is likely to cruise to victory anyway because there is no viable alternative.
  • Viktor Shvets at Macquarie Securities said the opposition is completely unpopular and almost any policy and almost any politician would be able to win.

Read the full article at http://www.businessweek.com/articles/2014-12-08/japans-unpopular-premier-seeks-a-popular-mandate#r=lr-sr

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