Japan Is Now The Walmart Of The World Economy

Abenomics for a long time was successful in depressing the yen. It went from about 82 yen to a dollar in December 2012, to 105.3 yen to a dollar in January 2014. Year-to-date however the U.S. dollar is down 3.7% against the yen. Richard Bernstein, CEO of Richard Bernstein Advisors, thinks the …

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Japan Is Now The Walmart Of The World Economy

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