interestrateripoff Posted December 9, 2014 Author Share Posted December 9, 2014 BOJ survey to show recovery in Japan business mood running flatTOKYO - Business confidence was roughly flat in the fourth quarter among big Japanese firms and worsened for smaller ones, a key central bank survey is likely to show on Monday, highlighting the uneven recovery brought by premier Shinzo Abe's stimulus policies. Quote Link to comment Share on other sites More sharing options...
Guest_northshore_* Posted December 9, 2014 Share Posted December 9, 2014 Couple of articles worth reading on Japan (behind paywall but free signup): http://ftalphaville.ft.com/2014/12/05/2060891/european-economist-at-japanese-bank-says-europe-would-be-lucky-to-end-up-like-japan/ http://ftalphaville.ft.com/2014/12/05/2061771/some-striking-facts-about-japans-demography/ Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted December 10, 2014 Author Share Posted December 10, 2014 Japan business mood sours as economy struggles with recessionTOKYO - Big Japanese manufacturers grew less optimistic in October-December and foresee conditions worsening in the following quarter, a government survey showed on Wednesday, suggesting that the economy's recovery from recession will be slow. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted December 12, 2014 Author Share Posted December 12, 2014 China November output, investment data show further weakness, more stimulus expectedBEIJING - China's economy showed further signs of fatigue in November, with factory growth slowing more than expected and investment expansion hovering near a 13-year low, putting pressure on policymakers to unveil stronger stimulus measures. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted December 12, 2014 Author Share Posted December 12, 2014 Japan exports up for third month in November, boost to economic recovery BOJ seen offering rosier economic view next week - sourcesBOJ Said to Reject Adding Stimulus to Ease Blow to CPI From Oil Quote Link to comment Share on other sites More sharing options...
Guest_FaFa!_* Posted December 14, 2014 Share Posted December 14, 2014 Couple of articles worth reading on Japan (behind paywall but free signup): http://ftalphaville.ft.com/2014/12/05/2060891/european-economist-at-japanese-bank-says-europe-would-be-lucky-to-end-up-like-japan/ http://ftalphaville.ft.com/2014/12/05/2061771/some-striking-facts-about-japans-demography/ Thanks for that, both excellent articles especially the first.Results coming in now, Abe's coalition on track for 330 out 475 seats. Abe doesn't really need the coalition partner as he is on track for 295 seats. Quote Link to comment Share on other sites More sharing options...
Guest_northshore_* Posted December 14, 2014 Share Posted December 14, 2014 Thanks for that, both excellent articles especially the first. Results coming in now, Abe's coalition on track for 330 out 475 seats. Abe doesn't really need the coalition partner as he is on track for 295 seats. I don't really understand Japanese politics, although I'm relatively envious of what they make of their lot. The second article was more about the link to: http://ftalphaville.ft.com/2014/12/04/2059371/did-japan-actually-lose-any-decades/ putting the demographics in context. Quote Link to comment Share on other sites More sharing options...
Guest_FaFa!_* Posted December 14, 2014 Share Posted December 14, 2014 I don't really understand Japanese politics, although I'm relatively envious of what they make of their lot. The second article was more about the link to: http://ftalphaville.ft.com/2014/12/04/2059371/did-japan-actually-lose-any-decades/ putting the demographics in context. Another excellent article, cheers. There's only one party in Japan - TV just gave a poll showing most people think Abenomics will fail, yet they just voted for it. Quote Link to comment Share on other sites More sharing options...
Ah-so Posted December 14, 2014 Share Posted December 14, 2014 Another excellent article, cheers. There's only one party in Japan - TV just gave a poll showing most people think Abenomics will fail, yet they just voted for it.Abe led the history text book reform society which aims to remove embarrassing parts from text books (comfort women, unit 731 etc). Perhaps he can remove the failure of Abenomics from the text books too. Quote Link to comment Share on other sites More sharing options...
Executive Sadman Posted December 14, 2014 Share Posted December 14, 2014 I don't really understand Japanese politics, although I'm relatively envious of what they make of their lot. The second article was more about the link to: http://ftalphaville.ft.com/2014/12/04/2059371/did-japan-actually-lose-any-decades/ putting the demographics in context. Its been covered many times before...measure GDP on a per capita basis (as it should be) and Japan has performed in line with other developed nation. One must understand, we only endure the obscene level of immigration we do in this country because of our complete and utter surrender to a ponzi-bankster model that requires an exponential increase in the amount of subjects. Germany has little or no trade deficit, falling debt levels, free further education, has bailed out the east and much of europe and looks healthier than the UK. Even with immigration their birth rate is so low their population is stagnant. Our birth rate, though ideally should be a little higher, gives no excuse for such levels of immigration. Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted December 15, 2014 Share Posted December 15, 2014 Stock market falling while currency rises. Likelihood these have long legs... setting up one of biggest stock buy opportunities for years in the World hedging against currency debasement. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted December 15, 2014 Author Share Posted December 15, 2014 Japan’s Manufacturers’ Sentiment Sags in Challenge for Abe Confidence of Japan’s large manufacturers declined in the fourth quarter as a recession offset a boost from a weaker yen, underlining the economic challenges facing Prime Minister Shinzo Abe after his election win. Abe Claims Mandate to Stoke Economy After Sweeping Election Win Prime Minister Shinzo Abe claimed a mandate for his economic program after his gamble on early elections paid off with a sweeping victory that forced the leader of the opposition to resign. BOJ survey shows Japan business mood fragile, highlights Abe's challengesTOKYO - Japanese business confidence barely improved in the fourth quarter and is seen worsening, giving premier Shinzo Abe a grim reminder of the challenges he faces in reviving a recession-hit economy a day after his big win in Sunday's vote. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted December 17, 2014 Author Share Posted December 17, 2014 Japan export growth slows, maintains policy pressure on AbeTOKYO - Japan's exports grew for a third straight month in November from a year earlier, but much more slowly than expected and despite a sharp fall in the yen, maintaining economic policy pressure on Prime Minister Shinzo Abe days after his ruling coalition's big election win. Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted December 17, 2014 Share Posted December 17, 2014 (edited) ¥ strengthening and NIKK weakening. If NIKK breaks below 15,000 and hangs around, next stop 12,000...¥ prob go to 105/95 to US$. 1989: c 40,000 Those would be entirely normal pullbacks after doubling NIKK and ¥ crashing. Imagine if ¥ debases over years Edited December 17, 2014 by Killer Bunny Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted December 19, 2014 Author Share Posted December 19, 2014 Further Proof That Abenomics Is A Total Disaster: Japan Car Lobby Admits "Sense Of Panic" "Abenomics is not having clear traction across the country," warned the head of Japan's auto lobby on Thursday as unexpectedly weak domestic sales revealed - yet again - what an utter disaster government policy is. "We feel a sense of crisis about the fact that cars are actually not selling," he exclaimed, saying that, as Reuters reports April sales tax hike was only partly to blame for the domestic sales weakness, citing the government's failure to boost consumption. But, but, but Japanese stocks are up 1000 points in the last 2 days so how can this be? Just a sense of crisis is not a crisis. Quote Link to comment Share on other sites More sharing options...
zugzwang Posted December 19, 2014 Share Posted December 19, 2014 (edited) Corroder vs The Bernank. Who's the daddy? Edited December 19, 2014 by zugzwang Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted December 21, 2014 Author Share Posted December 21, 2014 Japan inflation seen slowing, rocky path to BOJ target | Japan 19 Dec 2014 Media reports about 2.5 p point corp tax cut not far off - Japan's Amari Japan 19 Dec 2014 Japan's Amari wants wage increases next year to lead to higher real wages BOJ's Kuroda stays confident on meeting price goal despite oil rout Japan government raises view on capex, output; economy in recovery albeit weaknessBOJ Keeps Record Easing as Oil Price Tumble Challenges Kuroda Japan’s Amari Wants Corporate Taxes Cut as Quickly as Possible Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted December 24, 2014 Author Share Posted December 24, 2014 Japan Aso says wage hikes key to 'Abenomics' successTOKYO - Japanese Finance Minister Taro Aso on Wednesday urged companies to boost wages to help underpin private consumption, stressing that such private-sector efforts are key to the success of premier Shinzo Abe's "Abenomics" stimulus policies. Quote Link to comment Share on other sites More sharing options...
council dweller Posted December 24, 2014 Share Posted December 24, 2014 My wife has just come back from Japan yesterday. She says that her friend is now unable to pay her mortgage and so is just paying a token amount of £5 a month. Apparently millions are in the same situation (she works for local government) It seems that the banks are more than happy with this situation, I imagine it`s all backed by the Japanese government. The future for the UK is already writ? Quote Link to comment Share on other sites More sharing options...
jiltedjen Posted December 24, 2014 Share Posted December 24, 2014 My wife has just come back from Japan yesterday. She says that her friend is now unable to pay her mortgage and so is just paying a token amount of £5 a month. Apparently millions are in the same situation (she works for local government) It seems that the banks are more than happy with this situation, I imagine it`s all backed by the Japanese government. The future for the UK is already writ? Sounds similar to Ireland. no-one involved wants to realise losses. I very much doubt the recent UK stress tests on a 30% fall in prices. Banks are balls out into property and the economy being built on properly, can see some serious bail ins coming as soon as the imminent market correction occurs. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted December 24, 2014 Author Share Posted December 24, 2014 My wife has just come back from Japan yesterday. She says that her friend is now unable to pay her mortgage and so is just paying a token amount of £5 a month. Apparently millions are in the same situation (she works for local government) It seems that the banks are more than happy with this situation, I imagine it`s all backed by the Japanese government. The future for the UK is already writ? WTF!!!! Did she say what her other outgoings where for them to accept only £5 a month on what I presume is a large mortgage? Effectively at that level of repayment the loan would never be paid off and if it's liable for interest on the outstanding amount it won't ever be. If this is true then the Japanese banks are still zombies! Quote Link to comment Share on other sites More sharing options...
council dweller Posted December 24, 2014 Share Posted December 24, 2014 No, this was never a large mortgage (around 15 million) it`s just that her husband couldn't pay. So, 5 quid a month as many are paying, It`s not a question of zombie banks the role has been taken by the Japanese government. Quote Link to comment Share on other sites More sharing options...
zugzwang Posted December 24, 2014 Share Posted December 24, 2014 No, this was never a large mortgage (around 15 million) it`s just that her husband couldn't pay. So, 5 quid a month as many are paying, It`s not a question of zombie banks the role has been taken by the Japanese government. Zombie banks begat a zombie govt. Just like the UK. Quote Link to comment Share on other sites More sharing options...
billybong Posted December 25, 2014 Share Posted December 25, 2014 (edited) Apparently rental yields in Tokyo are about 5% so any home owner paying £5 a month is on a winner (except for any possible capital loss) although apparently recently house prices have risen a bit. http:// www.globalpropertyguide.com/Asia/japan/Price-History Apparently the Japanese home ownership rate is about 61% (2008) http:// en.wikipedia.org/wiki/List_of_countries_by_home_ownership_rate Edited December 25, 2014 by billybong Quote Link to comment Share on other sites More sharing options...
zugzwang Posted December 27, 2014 Share Posted December 27, 2014 JGB 2yr yield goes negative yet housing starts fall by 14% yoy. Quote Link to comment Share on other sites More sharing options...
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