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

We are overweight Japanese equities and a lot more optimistic than the government and Japanese companies about the outlook for growth and corporate earnings. Expect both to surprise on the upside. Like elsewhere in Asia, Japanese policymakers are worried about the impact of rising trade tensions on economic growth. Last week the Cabinet Office lowered its real GDP forecast for FY18 to 1.5% from 1.8% in January. Certainly the yen has weakened against the US dollar and the stock market having…

We are overweight Japanese equities and a lot more optimistic than the government and Japanese companies about the outlook for growth and corporate earnings. Expect both to surprise on the upside. Like elsewhere in Asia, Japanese policymakers are worried about the impact of rising trade tensions on economic growth. Last week the Cabinet Office lowered its real GDP forecast for FY18 to 1.5% from 1.8% in January. Certainly the yen has weakened against the US dollar and the stock market having…

Japanese Firms - Growing Resilience, Overweight Equities