6 min listen
Strong Yen Negative For Global Japanese Corporations
FromSchwab Network
ratings:
Length:
8 minutes
Released:
May 5, 2023
Format:
Podcast episode
Description
How is the recovery in the Japanese Yen currency impacting the markets? The Henessy Japan Fund (HJPNX) has 35 holdings of Japanese companies that operate globally. Masakazu Takeda says that a weak Yen is positive for them due to this. He states that Japan is a standalone economy. The fear of a recession should remain as overhand. The BOJ accommodative monetary policy, labor union salary increases, and a recovery in tourism should underpin the domestic economy.
Released:
May 5, 2023
Format:
Podcast episode
Titles in the series (100)
Investment Strategies With Markets At All Time Highs by Schwab Network