SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : JAPAN-Nikkei-Time to go back up?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Julius Wong who wrote (3418)8/17/2003 3:44:25 PM
From: Crossy  Read Replies (3) of 3902
 
re: Japan strong economic indicators
Julius, that'S what I'm reading too - 3 surprise quartals of expansion. Seems that biz, gov and consumers in Japan are so pessimistic that they lost a sense of realism in their gloom & doom visions..

On the micro level, I saw some "pension scheme" adjustments in Japan (as in the US during the early 80ies) which ate into profits from 1996 to 2003. Many company I was watching or investing into had some extraordinary charges for changes in how pensions are accounted for (from a contribution basis to a capitalization basis showing the pension liability in the balance sheet).

The problem with Japan was that this was undertaken in a time of extraordinary tight manoevring room, further adding to the bearish stance of the 1990ies.. I guess this was one of the reasons, together with the Asian Financial Crisis which prolongued the domestic recession a couple of times and lasted in a depression so severe..

However times are changing anew and the many corporate survivors in Japan are now meaner and leaner and could really shine over the next couple of years.. Plus add the fact that Asia and America (NorthAm and LatAM) are the epicenters of growth in the world economy these days and are poised to stay this at least for the decade..

Could well be that Japan shifts not only into "recovery mode" but into a TURBO BOOST. It'S about time anyway..

rgrds
CROSSY
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News