In the media | 14 Aug 2024
SFC: Japan’s recovery – Natural Disasters, Market Turmoil, and Policy Challenges
The recent turbulence in global markets has raised some serious questions, especially with Japanese stocks seeing their biggest drop since 1987, and the VIX index, a key measure of market volatility, has hit its highest level since the COVID-19 pandemic. What’s driving this sharp shift in market sentiment? Was this just an isolated incident, or could it signal the start of a broader downturn? And more importantly, where does the Japanese economy go from here? Shigeto Nagai, former Bank of Japan official, and Head of Japan Economics at Oxford Economics, gave his insights in this interview with SFC Markets and Finance.
Watch the full interview HERE.
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