Introduction The Japanese PM dissolved the lower parliament on 28th September, initiating the process for the snap elections to be held on October 22nd. We believe that it is a move to secure a fresh mandate in the parliament after Mr. Abe’s association with a series of scandals over the Read more…
In the last article[1], we explained the three arrows (measures) of Abenomics stimulus. In this article instead we will take a look at the most recent data about the Japanese economy and then focus on the structural reforms. In particular, reforms that are supposed to tackle the labour market and Read more…
Last week we suggested shorting three Japanese financials in light of the 10-years JGB price fall, going at the same time long Olympus Corp. and the Nikkei index, in case no more easing was announced on Tuesday night. Kuroda kept monetary policy on hold and so we entered the trade Read more…
Third Point LLC, Asset Under Management (as of 17/05/13): $12.9bn Sony Corporation (SNE), Market Capitalization (as of 17/05/13): $20.37bn Deal type: Spin-off Proposal via IPO Mr. Daniel Seth Loeb, manager and founder of the NY based hedge fund Third Point LLC, has recently turned his attention toward Japan and Sony Read more…
INTRODUCTION During last months in Japan, extreme monetary policies – also known as Abenomics – implemented by the duo Abe-Kuroda to fight deflation and give a kick to the stagnant economy, have caused a huge reaction all over the markets: the Yen has been slashed, Nikkei index has been skyrocketing Read more…