A politically-led market rally has turned investors' focus towards Japan again. But is the country really back on track? Paul Burgin reports.
A flurry of recent financial articles have asked the same thing: Are Japanese equities finally a good bet after decades in the doldrums? The answer appears to be yes - with caveats. The reason behind the shift in sentiment was last December's general election. Shinzo Abe's Liberal Democratic Party (LDP) swept the Democratic Party from power on a reformist ticket. The caveat is that the new government might not follow through, throwing the recent rally into reverse. The LDP win reflects frustration with more than 20 years of economic stagnation and deflation. Abe wants the Bank of Japa...
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