Why the Japanese Election Matters for Markets
Is Japan experiencing a mini-“Liz Truss” moment?
This article is for subscribers only.
Welcome to the award-winning Money Distilled newsletter. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money.
Today, I want to turn your attention to an island nation where voters are concerned about the rising price of living, immigration, squeezed wages, and growing borrowing costs, while politicians are having to tread carefully due to the state of the country’s balance sheet.