Sat Reading: 5 Risks in Asia
By Investing Contrarian
Published: February 27, 2010
Following are five key political risk themes for markets to watch in Asia in the coming week, and the Reuters stories related to them.
HOW WILL THAKSIN’S “REDS” RESPOND TO THAI RULING?
Thailand’s Supreme Court ruled late on Friday in favour of confiscating around $1.4 billion of assets amassed by the family of fugitive former premier Thaksin Shinawatra, some $900 million less [...]
Japan GDP: Too early to celebrate?
By Investing Contrarian
Published: February 17, 2010
High growth at 1.1% QoQ (4.6% saar) in 4Q 2009 The Japanese economy grew 1.1% QoQ after seasonal adjustment (or 4.6% saar) in 4Q (Oct-Dec) 2009, higher than DB forecast (0.7%; 2.8%). The noteworthy
development is that private consumption registered the third consecutive quarterly increase (0.7% QoQ) thanks to fiscal stimulus on the purchase of consumer [...]
Japan’s Economic Growth Probably Accelerated: Bloomberg. We told you so!!
By Investing Contrarian
Published: February 14, 2010
Nearly 3 weeks after we at Investing Contrarian spoke about the emergence of Japan, Bloomber decides to fianlly acknowlegde the possibility that may be Japan grew at the fastest in 2 years.
Now remember this is the same economy that was blasted by the big shots at PIMCO when they advised the Japanese central bank to [...]
Growth: China vs Rest
By Investing Contrarian
Published: February 8, 2010
Investing Contrarian
Japan continues to be contrary to Analysts views
By Investing Contrarian
Published: January 27, 2010
S&P downgraded or rather warned Japanese government of an impending downgrade. Yen initially lost 30 pips or so, but screamed back against the dollar in seconds. Dollar has strengthened against every currency over the last 2 months except yen. It has confounded dollar bulls to madness.
But as we analysed a few weeks back, there [...]
The Japanese collapse: Telegraph
By Investing Contrarian
Published: January 17, 2010
A report by Ambrose Evans-Pritchard of Telegraph has suggested the blowup of Japanese debt markets as Debt/GDP starts rising. This comes a day after we read about Paul Mccullay of PIMCO who wrote a piece of analysis on Japanese deflation and suggested QE as the solution to Japan’s problem.
One of our guest writers [...]
Japan in a permanent Deflation trap: A myth!
By Investing Contrarian
Published: January 16, 2010
Japan is a perfect case study of how monetary policy can go awfully wrong and how the damage can be permanent. Japan, claims PIMCO’s Paul Mcculley, has entered into a disastrous self feeding deflationary spiral which is impossible to exit.
An economy enters a liquidity trap when the monetary policy rate is pinned against zero, yet [...]
Yen set to replace dollar as investors’ top choice
By Investing Contrarian
Published: January 11, 2010
The recent spike in U.S. bond yields, coinciding with a rally in the dollar against the yen, is flagging a return to the yen to fund carry trades — the risky strategy of using a low-yielding currency to purchase assets in higher-yielding currencies in the search for better returns.
The rise in U.S. bond yields is [...]
Japn chooses FM
By Investing Contrarian
Published: January 7, 2010
Well this one may not go down very well with YEN bulls out there. Naoto Kan, the new Japanese FM, is someone who is more stimulus focuses than focusing on debt consolidation.
FT Quotes:
Compared with Mr Fujii, who, as a fiscal hawk, was seen as a safe pair of hands for the finance ministry, Mr [...]
Japan: Asian Trade bypasses US trade
By Investing Contrarian
Published: January 2, 2010
According to Tuesday morning’s Nikkei, Japan’s nonfinancial listed firms earned greater sales from Asian markets than from the US for the first time ever in the six months to September 30.
It’s helpful to look into the factors behind the Nikkei’s numbers. The Nikkei appears to be cheerleading for future sales to Asia by stating, “With [...]
