Elliott Wave Courses | by ForexCycle.com | Sunday, 15 November 2015 10:40 UTC
By Elliott Wave International
The winter season is a common metaphor for a bleak period in someone's life: Borrowing a line from Shakespeare, John Steinbeck titled his final novel "The Winter of Our Discontent."
Nikolai Kondratieff used "winter" to describe the worst part of an economic cycle. Indeed, the famous Russian economist used all four seasons as metaphors for the four natural phases of expansion and contraction that an economy goes through in 50 or 60 years.
Take a look at this chart:
Japan's economy has gone through a very long winter. The nation has experienced deflation for most of the past 25 years.
Here's a September 25 Financial Times headline:
Japan falls back into deflation for first time since 2013
But a change of seasons may be closer than many observers realize. Review this chart and commentary excerpted from a Special Report by Mark Galasiewski in the October issue of Elliott Wave International's monthly Global Market Perspective:
Is this sleeping giant ready to offer opportunities for investors?
You can learn now in a new free report from Elliott Wave International, 3 Reasons to Get Excited About Japanese Stocks.
You'll get Galasiewski's Special Section on Japan, as presented to Elliott Wave International subscribers in Global Market Perspective.
Subscribe to Newsletter