Richard Jerram
Richard Jerram
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.
begin budget clearly cut finance growth ministry order prepared sacrifice
The ministry of finance is clearly prepared to sacrifice one year's growth in order to be able to begin to reconstruct the budget -- and cut the budget deficit..
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.
companies debt forgiveness issue
There is also the issue of debt forgiveness for some construction companies by banks,
ability balance banks capital credit growth improve position rate role sheet
As the capital position of banks improves, so does their ability to take balance sheet risk, which should improve credit provision. The growth rate is slow, but is accelerating and should play a more constructive role in the economy.
america company fairly woke
We woke up and America was down pretty hard. Then we had a fairly big construction company go bust.
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.
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.
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,
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.
invested number rather relationships
The number of shareholders who have invested in returns, rather than relationships, has increased.
fact happy income past people positive reflection rising spend turnaround year
It's the first positive reflection of the fact that over the past year there's been a turnaround in wages. People are happy to take their rising income and spend it.