In what has been a torrid period for global equity markets, the Japanese market has fallen sharply i...
In what has been a torrid period for global equity markets, the Japanese market has fallen sharply in recent months. Furthermore, the credit crisis has stepped up a gear, resulting in the failure or takeover of several high-profile financial institutions, both in the US and Europe. Overall, the effects of the turmoil in financial markets are spreading out from the US, affecting more of Japan's key export markets. Given the high level of investor uncertainty, we remain cautious on the near-term outlook in anticipation of further market weakness and volatility. However, on the positive si...
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