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Search resuls for: "JPMorgan BetaBuilders Japan"


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One place in the world stands as a beacon for investors in bank stocks: Japan. Japanese banks have outperformed in a year when U.S. banks have come under pressure both from rapidly rising interest rates and the regional banking crisis last spring. "We've been bullish on Japanese banks for a long time," said Chen Zhao, chief global strategist at Alpine Macro. Part of what's driving the bull case for Japanese banks is the country's yield curve. While the U.S. and other developed economies contend with an inverted yield curve that's weighing on financial profit margins, Japan continues to have a positive yield curve.
Persons: We've, Chen Zhao, Zhao, JPMorgan's Marko Kolanovic, Japan's, Kolanovic, — CNBC's Michael Bloom Organizations: JPMorgan, Regional Banking, Treasury, Japan Post Bank, Chiba Bank, JPMorgan BetaBuilders Japan, Resona Holdings Locations: Japan, U.S, EWJ
The Japanese economy appears to be on stable footing and its stock market should continue to climb, according to Credit Suisse. Read more: Japan stocks are on fire this year. Ways to play it The simplest way for U.S-based investors to add exposure to Japan is through exchange-traded funds. The biggest U.S. ETF that tracks Japan is the iShares MSCI Japan ETF (EWJ) . When the yen falls versus the dollar, that can mute the returns of Japanese stocks for U.S. investors.
Persons: Andrew Garthwaite, Garthwaite, Read, BlackRock's iShares, — CNBC's Michael Bloom Organizations: Credit Suisse, Global, U.S, JPMorgan BetaBuilders Japan, JPMorgan, Japan Hedged Equity Locations: Japan, U.S
Since then, Japanese equities have rallied. Even so, Strategas Securities' Chris Verrone has remained optimistic on Japanese equities, saying this week that the rally is not yet overbought. Meanwhile, JPMorgan chief market strategist Marko Kolanovic said in a note, also on Tuesday, that the rally in Japan still has "staying power." For international investors, those remarks signaled that Japanese companies may be more transparent with shareholders in the future. Investors can also take a company-specific approach, according to Diamond Hill's Mohanraj, who favors Japanese companies that boast differentiated products.
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