Salient to Investors:
The Nikkei 225 is poised to gain 23 percent in 2012, its biggest annual gain since 2005, while the Topix is headed for an 18 percent increase. The Topix trades at book value versus 2.1 times book for the S&P 500.
Juichi Wako at Nomura says we’ve entered a positive cycle of a weaker yen and higher stock prices and expects capital flowing in from investors as the risk of not owning Japanese stocks becomes stronger.
Read the full article at http://www.bloomberg.com/news/2012-12-28/japanese-stocks-rise-as-economic-data-fans-stimulus-bets.html.
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