• Alex Laan

Triggers for a Japanese equity bull

Based on a Price to book ratio below 0.6 which is similar to the previous Japanese bull market in 2012, I'm inclined to look further.

USDJPY and Nikkei seem to correlate significantly.

USDJPY and 10 year USD interest rates correlate at times, would be interesting to compare USDJPY and spread between US and JP 10 year interest rates.

Mid caps leading big caps does not seem to a prerequisite for an equity bull market.

So what could potentially be a trigger? We'll better pay attention, perhaps news flow spurs positive buying interest.

I'll add more later this summer once I have time.

Best wishes for a prosperous summer!


P/B chart: / Morgan Stanley

charts from: esignal

Recent Posts

See All

Weekly market comments

Dear investor, This weekly write up is an excerpt of my road map for the week ahead, it's written for my own sake, but will share it for a change to see whether it generates some interest. There might