14 Quotes by Stefan Worrall

It's all coming together for Japan right now. Not only is the domestic demand outlook strong, but manufacturing and non-manufacturing firms are expanding, supporting both employment and capital investment.

Before, growth was reliant on the life support of external demand. Japan is moving back to a more normal economy, where domestic demand is the biggest driver.

The forces that previously caused deflation in Japan are well and truly over.

The market has shown itself to be sensitive to changes in sentiment. But nothing has changed with regard to the fundamental outlook for the economy, which is good.

The main difference this time is the restructuring of the domestic economy, playing down the excessive debts and other hangovers from the asset bubble of the 1980s, and those adjustments have been done. In the past we've had recoveries driven by export growth but no real adjustment in the broader economy in areas outside of exports and manufacturing.