Increasing focus on Japanese equities | Morning Markets
Matt Henderson, Portfolio Manager, looks at the release of the Japanese PMI data which breaks down the outlook for both services and manufacturing sectors. Data indicates a slowing in economic growth ahead. We also discuss this economic data against the backdrop of an unusual shift in Japan’s economy that has seen equities return 20% over the past year.
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1 Comment
Please can you help us understand the significant downturn in asset and bond markets so far this week. The US is on course for its 4th losing day in a row, and the FTSE was slightly up after 4 days of loses, but gave up big gains in afternoon trading. Also, bond yields are rising again meaning a double edge sword for our investments. Thank you.