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Japanese Stocks Surge: Is It Time To Buy?
Many Happy Returns
The Next Party Trick Out of Japan
Japan could do with some stronger growth, though. Their GDP figures came out last week and they showed that for the first quarter, GDP growth was twice as fast on an annualized basis as was forecast. But the question is, what's the next party trick out of Japan? You know, they were great for these very advanced industrial manufacturing processes. Now we've got the electric revolution where there are lots of new manufacturers. And Japan doesn't really have a huge, attractive set of offerings in that space. They're behind the curve. I think they kind of bet on hydrogen and hybrids a bit more than other countries did,. which is not the way it seems to be going.
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