Three years of so-called "Abenomics," Japanese Prime Minister Shinzo Abe's bold stimulus program, have failed to dislodge a deflationary mindset among businesses and consumers.
Nader Naeimi, who gave up on Japan at the start of the year, says he’s turned bullish again.
With the Upper House election looming, Japanese Prime Minister Shinzo Abe's campaign strategy, which has been to oversell his economic policies while being evasive about his true political goal of revising the pacifist Constitution, has raised concerns of leading the voters astray and sending Japan down a dangerous road.
The cabinet of Japanese Prime Minister Shinzo Abe on Tuesday survived a no-confidence motion thanks to the majority of seats secured by the Abe-led ruling bloc in the lower house of the parliament.
The Japanese government on Wednesday said that the country's economy increased an annualized 1.7 percent in real terms in the first quarter of 2016 and that this corresponded to a 0.4 percent growth from the previous quarter, attributing the increase to recovering private consumption.
As official campaign for Japan's general election on Dec. 14 is going to kick off quickly, major political parties here have unveiled their manifestos for the upcoming poll, with Prime Minister Shinzo Abe's economic policies dubbed Abenomics being targeted by opposition camp which eyes to terminate Abe's administration.