The Long View cover image

Carl Vine: The Japan Earnings Story Has Legs

The Long View

00:00

Reviving Japan's Wage-Price Spiral

The chapter explores the significant increase in wages in Japan following years of stagnation, driven by unions negotiating for higher base salaries. It discusses the shift towards encouraging wage growth to stimulate economic activity and reignite consumer confidence in spending. Additionally, it highlights the positive developments in corporate sector improvements and investor responses, emphasizing the shift towards low price to book stocks.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app