With Japanification — deflation, debt crises, demographic pressures and decades lost in economic stagnation — in evidence in the bond markets, it's reasonable for investors to question whether Europe is following the path Japan took.
With Japanification — deflation, debt crises, demographic pressures and decades lost in economic stagnation — in evidence in the bond markets, it's reasonable for investors to question whether Europe is following the path Japan took.
Bonds have outperformed stocks so far this year so are we looking at the great “unrotation” rather than the “great rotation?” J.P. Morgan Asset Management's Nick Gartside thinks perhaps but you have to look around.
