What’s Up With Nikkei? Maybe An ABCD Pattern

Last week started a volatile period for Nikkei 225. As we noted on May 24th, there are two opposing forces acting on the Japanese economy. One is Abenomics and the other is formed by a combination of fundamental reasons, namely –1) Weak closing of S&P 500 following confusing testimony of Chairman Bernanke; 2) Volatility in…

Sinking Emerging Markets

Emerging markets have been acting as the engine for the global growth for past many years. Their economies are growing in high single digit or double digit in some cases. However, looking at the performance of their stock markets, you wouldn’t be able to make that determination. Here is their performance since Feb ’08. The chart uses country/region specific…

China, Japan, S Korea to Work Towards Free-Trade Pact

“The three nations are major traders, and together accounted for 19.6 per cent of global gross domestic product and 18.5 per cent of exports in 2010, according to a feasibility study issued by their governments last year on the trade pact.” ““China is the biggest trade partner of both Japan and South Korea. A free-trade…