Japan’s beautiful deleveraging has been a slow process that is starting to bear fruit, a Bridgewater strategy document observed, while many Japanese firms have not lowered prices as a result of the stronger U.S. dollar.
Currency depreciation having muted impact on Japan’s mainstream economy
Nominal growth rates in Japan have shown signs of life after stagnating following the financial crisis as an upward trend in gross domestic product is evident. Japan’s unemployment rate is touching 15 year lows, the May 8 report reviewed by ValueWalk and written by Bridgewater's Jason Rotenberg and Melissa Saphier said. This is compounded by currency depreciation is...


