Below the UOB Q3 2011 view for Japan. Japan continues to be an interesting market opportunity. We have several events that can occur at any moment inc inflation targeting for the BOJ, the replacement of her chairman and for much more monetization. The political stalemate continues in japan re the budget wranglings. The long awaited monetary expansion has not occurred yet. The clock is ticking however. Here the UOB q3 view on Japan:
Incidently the UOB chairman today named Singapore’s richest man. Congratulation to Wee Cho Yawon on accumulating all those billions. Looking at the USDSGD chart its easy to see why so many USD billionaires are so common place nowadays. All the best Rich
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