Former Premier Shinzo Abe's famous three arrows of reform are belatedly hitting their targets. Cultural change is happening with more consistent wage rises, less resistance to mergers and acquisitions and a return to steady inflation. The prospects are not just in equities, but in residential as well as commercial real estate. If ever the US domestic picture falters, Japan is the obvious alternative for fund managers looking for growth, combined with a cheap currency
Marcus Ashworth is a columnist for Bloomberg Opinion, known for his insightful analysis and commentary on global economic and financial matters. With a wide range of experience in financial journalism, his work has been featured in various prestigious publications such as Bloomberg News, The Washington Post, and The Irish Times. Marcus provides unique perspectives on topics including government debt, central bank policies, and market trends.