Is this sleeping giant ready to offer opportunities for investors?
Anyone investing since the 1980s knows the boom and bust story of Japan and its Nikkei stock index. The Nikkei peaked just below 39,000 in 1989. Once known as a leading economic power, Japan’s “bubble economy” burst, and for the last 25 years it has been in and out of recession and suffered a gut-wrenching deflationary environment. The Nikkei spent several years below 10,000, dashing any hope for investors.
Back in 2010, Elliott Wave International’s Mark Galasiewski presented a long-term study of Japan to his subscribers. His study noted that Japan was nearing the end of its economic “winter,” a time of falling stock prices, deflation and economic depression.
He just updated his study and presented it to a packed house at the 28th Annual Conference of the International Federation of Technical Analysts (IFTA) in Tokyo, Japan.
You can read the first half of this fascinating study in a new free report from Elliott Wave International. You’ll learn about Japan’s economic journey, then see where its economic cycle is now. He even shares an eye-opening clip from his recent live presentation that compares the effect of Reaganomics on the markets to that of Abenomics. You’ll soon understand why he is so excited about the Japanese market and why he wants others to know.
The analysis comes straight from Galasiewski’s in-depth study, as presented to subscribers in a recent issue of EWI’s Global Market Perspective. It shows you exactly why he believes Japan’s “spring” is beginning — great news if you’re looking for international opportunities to put your money to work.
About the Publisher, Elliott Wave International
Founded in 1979 by Robert R. Prechter Jr., Elliott Wave International (EWI) is the world’s largest market forecasting firm. Its staff of full-time analysts provides 24-hour-a-day market analysis to institutional and private investors around the world.