Japan in the early stages of economic recovery: Blackrock

From the Wall Street Journal overnight: BlackRock Sees Japan on Road to Recovery

The chief investment officer at BlackRock Japan, Shinichi Kawano, says “Japan is in the early stages of an economic recovery and the chances of it avoiding a debt crisis are improving,”

• He expects the U.S. economy is expected to recover
• China may need to tighten monetary policy to control inflation, which could be a drag on Japanese exports.
• But the TPP (Trans-Pacific Partnership) could Japan to increase exports, offsetting any declines to China

BlackRock Sees Japan on Road to Recovery (The Wall Street Journal is often gated, so if you’re unable to access the article try a a Google news search using the headline)