Exorcising the Deflationary Demon

Since Japan’s problem is almost the mirror image of the turmoil buffeting emerging markets, there would be little downside in putting the pedal to the metal.

Abe Road 2014

The third arrow struck a chord because it told people what they wanted to hear – that government can push a button and remake reality.

Get Ready for the Kuroda Put

The Japanese establishment is betting the farm on Abenomics. There is no Plan B. The man charged with ensuring the bet works is governor of the Bank of Japan Haruhiko Kuroda