3 blue-ribbon stocks on sale
This post comes from Morgan Housel at partner site The Motley Fool.
Even with the recent rally, it’s ugly out there. Many companies that overleveraged their balance sheets are permanently impaired and will likely never fully rebound. Citigroup (C) and …
Landslide Election Victory in Japan Will Lead to an Avalanche of Future Profits for Global Investors
When it comes to Japan, political change should translate into long-term profits for global investors.
After 54 years of near-single-party rule – not to mention two decades of economic malaise – it’s not surprising that voters eager for change delivered a landslide election victory to the opposition in that key Asian nation.
Last weekend’s Japanese election represents a major milestone for Japan, and may well change the world’s second-largest economy in unexpected ways. Many of things we think we know about Japan may simply have been policies of a Liberal Democratic Party (LDP), which has been in power for all but about 11 months over the past 54 years.
The “new Japan” may in certain respects be very different.
For example, we think of Japan as…