It’s All About Perspective… Japan (EWJ)

By: ispeculatornew
Date posted: 05.13.2013 (3:00 am) | Write a Comment  (0 Comments)

      Post a Comment

A couple of months ago, I wrote about Japan, and how many investors are starting to believe that something big is happening over there. You can read my post here. There was always the chance that I was late to the trade but I had bet on the fact that no matter what you call this (comeback, bubble, etc), it might end up going for much longer than we could reasonably expect. Just take a look at EWJ (iShares Japan) over the past few months:

EWJ

Incredible right? Unsurprisingly, the Nikkei (Japan’s main equity index) has a similar chart:

nky2

Of course, if you take a look at a longer period of time (say 30 years), you will see that it’s either:

-not that impressive after all
-has a whole lot more distance to go

I personally continue to believe in this trade, with a stop if things start to go the other way….

Any thoughts?

If you liked this post, you can consider subscribing to our free newsletters here


No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.