Japan Property, Public Works Stocks Favored

Aug. 12 (Bloomberg) -- Nicholas Smith, Tokyo-based strategist at CLSA Asia-Pacific Markets, talks about the outlook for Japan's economy, government policies and his investment strategy. Japan’s economy slowed more than forecast in the second quarter as businesses cut investment, undermining gains in consumer and government spending that helped reduce deflationary pressures. Smith speaks with Rishaad Salamat on Bloomberg Television's "On the Move." (Source: Bloomberg)

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