attractive investment choiceの最近のブログ記事

One of Japan─Some becomes by the world economy and becomes an attractive investment choice actually if it expects it of the recovery in the latter six months of the term of this year though is a situation becoming of real gross domestic product (GDP) at the period of March about 15% decrease by the annualised basis literally dispirited to You may depend on it Japan.

The figure of the GDP of Japan announced on the 20th is a bad figure to which it is dumbfounded even if it sees from which angle.
In the dimension of the Japanese economy, even at that time in 2003 and this level are the moderation linguas in real terms. The net export decreased suddenly and the GDP was depressed by 1.4%.
10% super-setback lingua and others and ..capital investment.. personal consumption expenditure dropped by 1.1%.
The inventory is still in the healthy trend compared with sales, and it is necessary not to do the new order and to sell a lot of inventories what was worse.

However, the symptom of the amelioration appears though the world and the Japanese economy dropped greatly by the finance crisis actualized last year, too.
According to the Reuters short overview investigation, the judgment on business outlook DI of manufacture improves month-on-month to the mining and manufacturing production of Japan of March besides increasing by the month-on-month 1.6% in May.

It is specified that chief international economist of the capital economics (Rondon) Julian Jesopp recovers the household expenditure of the condition of the economic recovery besides export and mining and manufacturing production in full scale.
This Mr. : about the Reuters short overview investigation. 「Improving it drastic affirms the economic recovery realistic. This has been to have left room for reversing moderately though export and capital investment are large last time and it dropped. 」It specifies it.  

Moderate repulsion has the possibility to bring a benign return in ..height.. Japanese share of taking to an overseas share.
The advance actually continues to a Japanese share since the GDP announcement though the strong yen.
In addition, a Japanese share, and in particular, the small capital stock is Iu when there is a possibility of rising drastic if it sees worldwide and the Japanese economy changes to the restitution because one of the most modestly-priced fields for price book-value ratio (PBR).
Price earnings ratio (PER) of a Japanese share is about 30 times in whole.

<Dependence in China and the United States >
The Japanese economy is large in the foreign trade and this grips the key to the dependence Shite descending and the Japanese economy restitution.
The position in Japan is more benign than externals. Competitiveness is Aruka because it takes pride in a high quality and technical specification to the product of which Japan is concluding successfully by export against a low-priced product such as made in China et al..

Three according to Barclays PLC capital. ─The index of leading indicators concerning the export of Japan after five months has turned positive recently though continued dropping.

This index is composed of the new order of transportation equipment and information technology (IT) divisions in the United States and the auto production etc. of China besides the U.S. stock price and the commodity price.

The auto production enlargement policy of China was supposed to go well considerably, and April increased by the proportion 18.5% at the previous year.
On the other hand, the possibility of it is in the process of an economic recovery constant as for the United States is high though it is likely to end in the short life.

Export and the production of Japan recover, and the investment will increase when certain if the economic environment of China and the United States recovers.
On the other hand, the problem and this : though this is not a small anxiety. ─Employment and the revenue are ruined after the depression in Japan, and the consumption that worsens even for free drops further as a result.
It subtracts it to the gap between supply and demand of Japan 7. ─It is assumed 8%, there is a deflation risk, too and the possibility of a negative spiral is very high.

The user in Japan can correspond as savings are decreased compared with the user in the United States when the revenue drops to Japan because the savings rate is high.
In addition, the fiscal stimulus package and the infrastructure improvement investment also have gone in Japan.
Guarantee Hanai to whom the inside where the general election is scheduled within the year and the extra budget are united though these spendings are temporary.

Because the pulling post of economic growth exists, Japan alone is not attractive.
However, the restitution has come out besides there is a possibility of becoming unexpected the economic indicator like the rainy day, and can expect the profit more than the expectation of the future for from present to the end of this year. 



http://jp.reuters.com/article/mostViewedNews/idJPJAPAN-38159020090522?pageNumber=1&virtualBrandChannel=0

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