Richard Jerram
Richard Jerram
economic export japan posting quite strong
It's quite encouraging that Japan is still posting strong export growth. This bodes well for the first-quarter economic outlook.
domestic employment figures help output picking trends
It's very encouraging in these figures to see that employment is picking up. That's going to help domestic output and domestic incomes. The trends are all very positive.
bank downside increasing inflation japan low premature risks
The Bank of Japan is unnecessarily increasing downside risks through premature tightening and an excessively low inflation target.
couple last suggested
It's been suggested over the last couple of weeks.
cycle fairly improved job market measure offer ratio reliable second sign starting
It's a sign that the cycle is starting to turn. The job offer ratio improved for the second month, and that's usually a fairly reliable measure of market conditions.
becoming cities effect estate few general major places positive prices turnaround
The turnaround in real estate prices is broadening out from a few places in a few major cities to a more general stabilization. The positive macroeconomic effect is becoming more significant.
added assist avoiding economic might mistake reform
It might be that policy-led reform accelerates the process, but avoiding a mistake is all that is necessary. Any assist from economic reform would be an added bonus,
free people ride risk
There is a risk of people overreacting. The five-year free ride comes to an end, or at least that's the fear.
both demand domestic driven export gradual improvement seeing seems side
We're seeing an improvement in output, which seems to be driven by both the export side and the domestic demand side, and we're seeing a gradual diminution of deflation.
basis economic economy exports industrial months negative performance recent views
Overall, we feel that views on the economy have probably become excessively negative in recent months on the basis of the performance of two economic indicators: exports and industrial production.
approval banking health return seal sign
This is the seal of approval of the return to health of the banking system. It's also a sign of the normalization of the economy.
approval banking health return seal sign
This is the seal of approval of the return to health of the banking system, ... It's also a sign of the normalization of the economy.
early economic extended hand improvement prices property several stage
This is the early stage of a very extended economic expansion, and there are probably several more years of improvement to come. Property prices go hand in hand with that.
overall picture quite
I think the overall picture is quite positive,