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Some Reasons To Be Concerned About Abenomics

Business Insider - 24 Dec 2013 05:31
Some Reasons To Be Concerned About Abenomics Japan's Nikkei stock index is up another 0.8% today, hitting a new 6-year high. 2013 has been a banner year for Japan, as financial markets have responded quite favorably to "Abenomics" which is the economic stimulus strategy put forward by Prime Minister Shinzo Abe, which consists of aggressive fiscal and monetary stimulus. There are signs that Abenomics is working to get Japan out of its deflationary slump. Certainly markets like it, with both stocks and the yen responding favorably. So what d...
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