Mark Headley
Mark Headley
china deal far help mean name portfolio staying trade
As a professional portfolio manager, we are staying far away from these companies. Just because something has China in its name doesn't mean the World Trade Organization deal is going to help them.
growth higher interest rates
Higher interest rates in the U.S. were really strangling growth in Asia.
absurdly asia companies everybody great half last people ran second
Everybody just fled Asia in the second half of last year. People ran from Asia in great droves...A lot of high-quality companies were absurdly oversold.
cases expensive huge late market needed run since spring stocks took
This is a market that needed a correction. It just had this huge run since late spring that in many cases took the most expensive stocks and made them more expensive.
case continuing easy tough
It is tough to see the yen weakening dramatically. And it's pretty easy to make a case for it continuing to go stronger.
dynamic government japan less reality
We need a reality check. Japan has still got a challenging demographic profile, managements that are less than dynamic and a government that is still very bureaucratic.