Showing posts with label Abe. Show all posts
Showing posts with label Abe. Show all posts

Thursday, April 4, 2013

Follow Up on My Post on Japanese Elections

In December 2012, I suggested you might want to think about some investments in Japan if Shinzo Abe was elected PM of Japan, because he could well push the country into a US-like central bank stimulus, in an effort to reduce the value of the Yen and boost Japanese exports.  This has now happened, as the Bank of Japan today announced a massive stimulus campaign:

http://money.msn.com/top-stocks/post.aspx?post=452506bc-5f54-43a3-b415-ab99a8de70b2

EWJ, an ETF I recommended at the time of my last post in December 2012, is up more than 10% since then and may now climb higher.