Further Data Supports Bullish Outlook for Japan

Published Tue, Jul 31st, 2012   Wall Street Daily Research

As Reuters’ Tessa Dunlop says, “Japan has seen better days. [After] bankruptcies, skyrocketing debt, corporate scandals and a devastating natural disaster.”

Still, Louis Basenese pointed out last month why he’s convinced that Japanese stocks could be a compelling “Buy.” Then, a few weeks ago, he revealed the three safest ways to invest.

Further data now shows that Louis was spot on. Investors have, indeed, been short-changing Japan’s economy.

For instance, while we pointed out that consumer sentiment is on a downward slope here in the states, consumer confidence in Japan hit a five-year high last month.

That’s not the only thing Japan has going for it, though…