We are more than 18 months into Abenomics -- Japanese Prime Minister Shinzo Abe's set of economic policies -- and, so far, it seems to be achieving some level of success. Deflation is being replaced by inflation; profits and investments are both increasing for Japanese companies; and the Nikkei 225 is up considerably.
Credit is due to Japan's monetary stimulus for ending deflation and its fiscal stimulus for helping to start the country's economic recovery.