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Japan TMT Analyst

Pelham Smithers

Market Intel on Asian Tech with a Japan focus

Pelham Smithers Associates

Founded in 2009, Pelham Smithers Associates (PSA) provides market intelligence on Asian technology, focusing in particular on Japan. The industries covered by our team of specialists are: consumer electronics, telecomms, pharmaceuticals, internet, electronic parts and materials, automotive technology, retail and capital goods. 

Research is provided by the following:
Pelham Smithers: Macro, consumer electronics, telecoms & pharma
Joel Scheiman: Electronics materials / components
Julie Boote: Autos
Will Nestuk: Capital goods, machinery & transportation equipment parts
Thao Nguyen: eCommerce, internet content, marketing & advertising

Thematic (Sector/Industry)

United states / Thematic (Sector/Industry)

Andrew Smithers writesA widely held view, promulgated by at least one prominent US economist, holds that US real interest rates will remain low due to “secular stagnation.” It has two faults. It confuses the US with the world and it ignores the Balassa-Samuelson effect.            If interest rates are determined by growth, which is by no means certain, and capital can flow across borders, then it is world growth and not US growth which matters.            World growth is just as likely to be…

Andrew Smithers writesA widely held view, promulgated by at least one prominent US economist, holds that US real interest rates will remain low due to “secular stagnation.” It has two faults. It confuses the US with the world and it ignores the Balassa-Samuelson effect.            If interest rates are determined by growth, which is by no means certain, and capital can flow across borders, then it is world growth and not US growth which matters.            World growth is just as likely to be…

“Secular Stagnation” and the Outlook for US Inflation and Interest Rates