Bottom Fishing For Japanese StocksJoan Warner
It may not be too late to go bargain-hunting in the battered Japanese stock market. Although Tokyo's announcement of an $86 billion pump-priming package last month has sent the Nikkei up about 25% since mid-August, the average is still off more than 50% from its high of two years ago. And while the moves boosted investor confidence, they won't turn the Japanese economy around overnight. So, say some analysts, there's plenty of time left to play the recovery.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Gulf of Mexico Oil Spill May Be Largest Since 2010 BP Disaster
- Billionaire Tom Barrack Throws Harvey Weinstein a Lifeline
- Everything Is Crazy and the Markets Aren’t Freaking Out
- Facebook Is Looking for Employees With National Security Clearances
- Kushners’ Control of Family’s NYC Crown Jewel Is Now in Jeopardy