Richard Jerram
Richard Jerram
coming figured mistake nasty policy quite rather six suggest weeks worrying
It's really rather worrying that six weeks into the job, he still hasn't figured out the difference. It does suggest there's quite a nasty policy mistake coming our way and quite a nasty recession.
biggest coming economy forecast growth japan next private sector
Japan is forecast to be the fastest-growing G7 economy over the next two years. The biggest contribution to growth is coming from private sector demand.
coming condition economy election help house lower november party previous time
The economy is in much better condition than at the time of the previous lower house election in November 2003 ... This should help Koizumi's party in the coming vote.
basis economic employment faster growth improvement looking looks wages
I'm looking for faster growth on the basis that the improvement in employment and wages is going to continue, ... It looks as if just about everything that could go right is going right with the economic outlook.
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.
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.
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.
america company fairly woke
We woke up and America was down pretty hard. Then we had a fairly big construction company go bust.
companies debt forgiveness issue
There is also the issue of debt forgiveness for some construction companies by banks,
domestic drive revival start steadily
We see the domestic revival as steadily broadening out and in the end that should start to drive production.
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.
almost antithesis gives market negative serious
It would be very, very negative for the market if Koizumi gives Kamei a serious post, because Kamei has been almost the antithesis of Koizumi,
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.