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Feb 17
|
|
$56566
$57605
+1.8%
|
LONG
|
—
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The strategist states, "We have seen Asia take the lead in 2026... It is not China... Japan market continuing to go up another 7% to 10% this year." He cites new leader Takaichi's reform policies and controlled inflation. The "End of US Exceptionalism" implies capital flow must go somewhere. Japan is the primary beneficiary due to political stability (majority house), fiscal stimulus, and a focus on "technology and robotics." LONG Japan equities, specifically focusing on the broad index and the robotics sector mentioned. JGB yield spikes (though strategist claims inflation is under control). |
Bloomberg Markets
Futures Slip Ahead of US Return; Iran-US Talk...
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Feb 13
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|
$56941
$57605
+1.2%
|
LONG
|
CME Group Presenter
Host/Narrator
|
"Goldman Sachs sees the topics up over 10% in the next 12 months, while some Nikkay targets aim for 52,000 to 55,000... on 8 to 9% earnings growth." The macro backdrop of wage growth (>5%) and GDP recovery (~1%) provides fundamental support for equity valuations to expand despite the tightening cycle. LONG Japanese broad market indices to capture the earnings growth and reflationary cycle. Wage growth missing targets or a spike in bond yields destabilizing the fiscal situation. |
Bloomberg Markets
Which Direction for Japan’s Economy? | Presen...
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Feb 13
|
|
$56941
$57605
+1.2%
|
LONG
|
Julia Wong
North Asia CIO, Nomura International Wealth Management
|
Prime Minister Takaichi has a "mandate for growth" following a landslide election win and is pursuing fiscal expansion and industrialization. Political stability combined with explicit pro-growth fiscal policy removes the uncertainty that plagued Japanese markets previously. The "Takaichi tailwind" supports equities despite potential currency volatility. LONG. Fiscal stimulus and corporate governance reforms continue to drive the Japanese equity narrative. Rising JGB yields could pressure equity valuations if fiscal spending gets out of control. |
Bloomberg Markets
AI Angst Rocks Asia Markets | The Asia Trade ...
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Feb 12
|
|
$57639
$57605
-0.1%
|
LONG
|
Scott Wapner
Host, CNBC
|
Scott Wapner cites data showing international markets (Israel, Brazil, Japan, UK) "trounced" the U.S. trade last year. He notes that PIMCO and Amundi are explicitly pivoting away from U.S. assets due to "unpredictable policies" and valuation gaps. The U.S. market's dominance has forced global competitors to adopt shareholder-friendly reforms (like Japan's corporate governance changes). As major asset managers reallocate capital to these cheaper, reforming markets to diversify political risk, international indices will capture the flow. LONG International/EM indices to capture the rotation. U.S. exceptionalism continues; global geopolitical instability. |
CNBC
How to play the "sell U.S." trade
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Feb 09
|
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$56363
$57605
+2.2%
|
LONG
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Andrew Ross Sorkin
Co-Anchor, Squawk Box
|
Japanese Prime Minister Sanae Takaichi and the Liberal Democratic Party secured a "supermajority" (more than two-thirds of seats) in the snap election. Political stability and a strong mandate allow the government to push through economic policies without gridlock. Markets hate uncertainty; a supermajority removes it. The Nikkei jumped 3.9% to a record high above 56,000 immediately following the victory. The Yen has strengthened ~3.5% YTD against the dollar. Global economic slowdown affecting Japanese exports. |
CNBC
Squawk Pod: Super Bowl ads & GLP-1 competitio...
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