Japan Stocks Hit Record on New Prime Minister & Emerging Markets Post Best Rally in 15 Years

William Chou, Senior Fellow at the Hudson Institute, dives into Japan's recent political shifts, particularly the implications of likely new Prime Minister Sanae Takeuchi on the economy and U.S.-Japan relations. He discusses market optimism surrounding fiscal expansion and the challenge of Japan’s stagnating growth. Meanwhile, entrepreneur Scott Galloway analyzes the surge in emerging markets, attributing it to capital flows and undervaluation compared to the U.S. Both guests emphasize the importance of diversification amidst market uncertainty.