The Diplomat (May 2)
“Two and half years on and Japan remains an outlier among industrialized G-7 nations, which have re-opened for tourists and eliminated quarantines.” The border restrictions “prevent Japan from benefiting from the weak yen,” which would “encourage inbound tourism and play a considerable role stabilizing the currency and creating jobs.” Nevertheless, “public opinion and the pernicious idea that COVID-19 is brought in by foreigners” seem to be driving debate, with international tourism “unlikely to be given the green light until the second half of the year following the result of the upper house election.”
Tags: Border restrictions, COVID-19, Currency, Election, Foreigners, G-7, Inbound tourism, Industrialized, Japan, Jobs, Outlier, Public opinion, Quarantines, Re-opened, Stabilizing, Tourists, Upper house, Weak yen
Bloomberg (December 6)
“Every bull market is unique, but the one in China right now looks downright strange. The Shanghai Composite Index has climbed 24 percent from its January 2016 low, and yet a majority of stocks in the benchmark gauge have fallen during the period.” China has become a global outlier. “For all 45 of the other national equity gauges that have climbed at least 20 percent since last January, a majority of index members have recorded gains.”
Tags: Benchmark, Bull market, China, Gains, Gauge, Outlier, Shanghai Composite, Stocks
