European Firms With US exposure Have "Never Been More Oversold" MSRupert Hargreaves
Analysts at Morgan Stanley had picked out Japan as the Asian market they liked best for 2017 heading into the year. However, as the year has moved on, this recommendation has not worked out as expected for various reasons, despite rising earnings expectations in the Land of the Rising Sun.
Even though Japanese equities have returned around 11% this year (21 August), they're still trailing Chinese stocks, which have returned around 35% as the country's efforts . . .
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