Abenomics Bears Have It All Wrong, Soros Alumnus Says
- Shiozumi, T. Rowe Price’s Ciganer see Japan stock rally
- Buybacks and dividends set to rise to a record: Morgan Stanley
Hideo Shiozumi.
Photographer: Akio Kon/BloombergThis article is for subscribers only.
Reports of the death of Abenomics have been greatly exaggerated.
That’s according to top Japan managers including a former stock-picker for George Soros and a T. Rowe Price Group Inc. executive, who predict that investors who fled the market this year before the world’s steepest rebound are going to miss out on even more gains. The managers are adding to a chorus of bullish calls on the nation’s stocks, as strategists from Morgan Stanley to Bank Julius Baer & Co. have turned more optimistic.