Japanese Currency under pressure

Christian discusses on Bloomberg TV the Japanese Currency, politics, exporters’ interests and the weak popular mandate for change. He reminds investors that long term a stronger currency is vital to make exporters more competitive and successful – a weaker currency as desired by investors is a short-sighted approach focused on this years’ earnings. Political events will not remove the upward pressure on Japanese Currency. Demographics as a force shaping corporate strategy remains underestimated – demographics has reduced Japan’s potential GDP growth. Additionally voters fail continually to give a strong mandate for change in Japan – it is not simply government inertia that is to blame for Japan’s relatively weak economy.