Investing in Japan - the good, the bad and the ugly

Dominic McCormick | Select Asset Management | 15 August 2013

Japan has been a major focus lately, as it first flagged and then implemented its new "shock and awe" monetary policy in early April involving the Bank of Japan buying 60-70 trillion yen worth of Japanese bonds each month. The aim is to double the monetary base in two years, as well as generate 2% inflation.

This has sparked a major sharemarket rally with the Nikkei Index leading major global stockmarkets, up 51% over the 2012/2013 financial ...