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Bulls get louder on Japanese stocks

Foreign investors are shifting into Tokyo stocks, US-listed ETFs tracking the market

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Published Fri, Mar 10, 2017 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Tokyo

    BOND billionaire Jeffrey Gundlach says Japanese stocks are cheap. A lot of investors are starting to agree.

    The head of DoubleLine Capital says Tokyo equities may be a way to play the reflation trade, reiterating the bullish stance he took in 2013. With a Federal Reserve interest-rate increase next week seen as a certainty and traders turning their focus to how many more hikes will follow, Japan's stock market is primed to benefit from a weaker yen and money managers shifting into shares from bonds.

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