Financial Times (October 21)
“Investors should expect decades of selling pressure on Japanese stocks from the most implacable bears in the market: the recently deceased…. The relentless sell-off, which threatens to intensify until the year 2040 as the huge, wealthy postwar baby boom generation expires, arises from an estimate that about 80 per cent of inherited shares are immediately sold by heirs.”
Tags: Baby boom, Bears, Deceased, Heirs, Inherited, Investors, Japan, Market, Selling pressure, Stocks
BBC (October 21)
“Concern about Russia’s development and deployment of a missile system that breaches the INF treaty predates the Trump administration.” Still, Trump’s “decision to walk away from the agreement marks a significant setback for arms control. Many experts believe that negotiations should have continued to try to bring the Russians back into compliance.” Instead, the move may prove part of a “wider unravelling of the whole system of arms control treaties.”
Tags: Arms control, Compliance, Experts, INF, Missile system, Negotiations, Russia, Setback, Treaties, Treaty, Trump