Flash on Japan

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Changes appear to be forthcoming in Japan:

According to the NY Times:

TOKYO, April 30 — The goals set out by Junichiro Koizumi, Japan’s heretical new prime minister — rewrite the Constitution, realign the political system, overhaul Japan Inc. — suggest nothing short of revolutionary transformation in a country where putting advertising on municipal buses has incited bitter complaints.

The Japanese people say they are impatient for change. Their economy is in the midst of a decade-long stall. Their social contract is fraying under the assault of global standards. Pride is dented.

We continue to favour solid Japanese banks even though they have risen by 20% since our last recommendation.  Nevertheless the new young prime minister tasks will not be easy.  His political party remains humongous …

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  • Claret Asset Management specializes in offering portfolio management services to high net worth clients. We are completely independent and free of conflicts of interest. Claret was founded in 1996 with the objective of answering the growing needs of private investors.

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