Jesper Koll
Jesper Koll
anchor means opposition policy resolute second stocks within
Everything has been put into question, first by the opposition and second by the opposition to Hashimoto within the LDP. That means delay, no resolute policy action, and that means that for stocks and the yen, there is no anchor of hope.
business continue hand japan proactive steer trusted
Fukui is the big business candidate, a trusted hand that will continue to steer Japan on a deflationary course, ... We'll continue to have an accommodative BOJ, not a proactive BOJ.
areas elections focus since urban won
It's now in the urban areas where elections are won or lost. Since Koizumi, it's been a focus on the urban areas.
consumer credible engine growth japanese job security spending virtuous wages
Consumer spending has become a credible engine of growth for the Japanese economy. Wages and incomes are increasing, job security is improving. It's a virtuous circle.
godzilla issue office post turn
The big issue out there is who's going to take on Godzilla bank, i.e. the Post Office. It can turn into a problem.
banks credit economy employment growth likely normal
The banks are back, ... A normal economy where you've got not just growth in employment and wages, but also growth in credit is likely to become more pronounced.
bank deflation disappear fighter japan true urgency
The urgency to appoint a true deflation fighter at the Bank of Japan is not going to disappear with this report.
coalition details dictated exactly financial form government markets message worked
There are some details that need to be worked out (in determining) exactly what form of coalition government we're going to get. But essentially, the message for financial markets is 'yes -- reform,' but it's not going to be dictated by the conservative LDP.
process punishment reform seeing speeding
With the punishment, what you are seeing is that the reform process is not just speeding up, but it's actually getting serious.
capitalism coming creates expand fact falling good healthy japan market news room strong weak
The fact that the weak institutions are falling by the wayside is actually good news because it creates room for the strong and healthy institutions to expand their market share. That's what we're witnessing right now. Capitalism is coming to Japan and the strong will get stronger.
capital earn fleeing japanese longer money political pressure prevent strong wants
There may be some political pressure that the U.S. no longer wants a strong dollar, but that's not going to prevent Japanese capital from fleeing Japan, because in Japan, money doesn't earn anything.
four last risen three
This is not a one-quarter wonder. Japan's GDP has risen more than 5% for three of the last four quarters.
growth hit moment policy pressures talk trade
The moment American growth slows down below, say, 2 percent, trade pressures are not just something that we talk about but are something that are really going to hit policy makers.
economy economy-and-economics evolving finally fulfill japan longer pacific ready reliable term
Japan's economy is finally ready to fulfill its longer term high-growth potential. Japan is evolving into a reliable Pacific powerhouse.