Referred to as 'Our new Chief Japan Economist'.
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Bank of America Merrill Lynch presents a bullish outlook for Japanese equities in 2017, forecasting the Nikkei 225 index to reach 20,000. The strategy advises a rotation from defensive stocks into cyclicals, banks, and insurance. This is based on an anticipated upturn in the inventory cycle, rising inflation and interest rates, and a strong macroeconomic environment.
Entities connected to both Izumi Devalier and Bank of America Merrill Lynch
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