Salient to Investors:
Hiroyuki Ito at Goldman Sachs is bullish on Japanese stocks in 2013 due to the end of the yen strength that has hurt Japanese industry: likes Japanese machinery and electronics exporters, financial firms and electricity producers. Ito said Japan finally has a catalyst for the stock market to rise as the new government understands the impending danger and sense of urgency about boosting the Japanese economy, so will end deflation and the strong yen. Ito said fundamentals are improving, with banks in a good position and the securities market improving, while underweight global investors will have to increase to neutral at least.
Read the full article at http://www.bloomberg.com/news/2012-12-27/goldman-sachs-buying-japan-s-exporters-on-abe-policy-bets.html.
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