Despite headwinds, Japan remains on a reflationary path by Mikio Kumada, CIIA, Global Strategist LGT Capital Partners

The enthusiasm for Abenomics – Prime Minister Shinzo Abe’s economic revival policy that began in 2013 – has long subsided. Foreign investors have been exiting Japanese equities over the past year, and international risk aversion has additionally strengthened the yen. But Japan’s longer-term economic data actually continue to improve steadily….