Skepticism Towards Japan's Economy

Japan's economy remains heavily dependent on the U.S., raising concerns about its stability during potential downturns in the American market. A guest highlighted that if the U.S. faces a bumpy landing, it would be challenging for the Japanese equity market to remain unaffected. Moreover, despite the common advice to diversify geographically, recent events demonstrated that correlations among markets can spike during crises, meaning that diversifying assets beyond geography is crucial. As investors consider their portfolios, they should include Treasuries and gold, while also exploring attractive opportunities in markets like the U.K., which is currently being overlooked.