Return of the miracle: My forecast of the Japan bull.
In 1989 Japan was known as the "Miracle" economy. Then it crashed, and it was thereafter known as the "Bubble economy" (Funny how things change). While I am becoming more and more a huge US bear, I am becoming heavily bias towards the Japan bull, along with some other Asia markets. Seeing the Japan market down over 75%, stagnate for decades and now starting to build up what might be its first new trend leg makes this a lot more attractive to me than the US markets that have been hyper parabolic over the last year ... and quite frankly, look a lot like this Japan did at the high. But we don't have to worry about that. We have the Fed - isn't it a miracle?
I'll update on this some time in the coming months. I currently have no position in Japan, but I'm very interested.
I'll update on this some time in the coming months. I currently have no position in Japan, but I'm very interested.
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