Fed, BOJ Could Rain on the Megabank Middle Market Acquisition Parade
The combined monetary policy outlook suggests that Japanese megabanks’ window of US middle market acquisitions is limited, even despite the current...
353 Views
Japanese Elections: "Abenomics" Versus a Move to the Right
In the shadow of the EU referendum, rising support for conservative political factions among disaffected voters seems to have rubbed off on Japan,...
330 Views
Nomura Continues to Suffer from Negative Implications from Misaligned Management Assumptions
We are lowering our fair value estimate to JPY 310 from JPY 400 per share as we adjust our forecast to reflect higher uncertainty over the near...
369 Views
Korea Stock Market Monthly Recap #3 - (June 2016)
Our portfolio of top picks was up on average 3.0% from its inception on 1 May 2016 to end of June 2016 and during the same period, KOSPI was down...
326 Views
Macro Chart Focus: Brexit and the Yen
Yen has been the (perhaps unwilling) beneficiary of the risk-aversion of Brexit.This type of environment is a high risk environment for MOF...
399 Views