The Nikkei had a blowout year in 2013. However, since then, the Japanese stock market seems to have lost its allure. Now, we could be set for a nice turnaround.
We could get a nice aggressive outperformance in Japan’s benchmark index (Nikkei), especially since there are high hopes for new stimulus form the Bank of Japan (BOJ). A rally of 20 percent from its current levels could be in the cards this year. We could rally from 14,090 to 17,000 by year’s end. By the end of 2016, the Nikkei should target 18,250 to 18,500.
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Many thanks to Financial Media Publishing, Ltd for publishing this story.
Economic Point of View 