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Bloomberg: Resurgent Japan Under Abe Impeded by Slow Business Spending

“Arrows one and two are giving Japan’s economy a tailwind for now,” said Stephen Jen, managing partner at SLJ Macro Partners LLP in London and former head of currency strategy at Morgan Stanley. “But Japan still faces powerful structural headwinds, and whether arrow three makes an uptick sustainable depends on Abe getting supply-side reforms right.”

Read the original article on the ‘Bloomberg” website.

Posted on the 21/05/2013 at 10:31am by joana.