Deputy Chief Economist

Sharmila Whelan

Independent and original Asian investment research

Aletheia Capital

Aletheia Capital (HK) Ltd. (previously known as Asianomics) combines the extensive knowledge of its experienced team with technology and regulatory changes to disrupt Global Markets business in Asia. The firm is completely independent with no conflicts of interest either on Investment Banking advisory or Capital Markets execution.

Macroeconomics

<p style="text-align: justify;">We are optimistic about Japan’s growth prospects in 2020 and are overweight Japanese equities in our regional relative portfolio. The economy, led by domestic demand, is gathering momentum. The investment cycle is in upswing and remains well supported by corporate balance sheets. Consumers have weathered October’s consumption tax hike. Retail sales are showing early signs of revival while Japan’s service providers continue to expand payrolls.</p>

We are optimistic about Japan’s growth prospects in 2020 and are overweight Japanese equities in our regional relative portfolio. The economy, led by domestic demand, is gathering momentum. The investment cycle is in upswing and remains well supported by corporate balance sheets. Consumers have weathered October’s consumption tax hike. Retail sales are showing early signs of revival while Japan’s service providers continue to expand payrolls.

Japan - A Brighter 2020