We believe that Japan's premium (price-to-earnings) multiple is justified given the lower level of interest rates and higher earnings momentum we expect.
More Quotes from Kathy Matsui:
If the primary cause of rising interest rates is growing demand for capital, then this should be regarded as a 'good' rate rise.Kathy Matsui
As long as there's continued jitters in Nasdaq, we'll have to wait to see what happens.
Kathy Matsui
We would argue Japan is still attractive even though its PE is high because of the growth rate of the E.
Kathy Matsui
Out of economic necessity or as a result of lifestyle choices, an increasing portion of Japanese women are actively participating in the workforce and becoming a very important source of income and consumption growth.
Kathy Matsui
I thought there might be more of a rise, but I'm not surprised (the Nikkei) ended lower. Domestic concerns are outweighing the external factors right now.
Kathy Matsui
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