A businessman crosses a road in Tokyo’s business district in October 2015. Since the early 1990s, Japan has battled deflation. Photo: Reuters
A businessman crosses a road in Tokyo’s business district in October 2015. Since the early 1990s, Japan has battled deflation. Photo: Reuters
Paul Podolsky
Opinion

Opinion

Macroscope by Paul Podolsky

Is the US in danger of Japanese-style deflation – and what does this mean for investors?

  • A divided Congress, unable to agree on a stimulus package, could set the US economy down Japan’s path
  • Currently popular assets, such as tech stocks, could then underperform cash and long-maturity Treasuries, a lesson Japanese investors have had to learn

Paul Podolsky
Paul Podolsky

Updated: 5:26am, 29 Oct, 2020

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A businessman crosses a road in Tokyo’s business district in October 2015. Since the early 1990s, Japan has battled deflation. Photo: Reuters
A businessman crosses a road in Tokyo’s business district in October 2015. Since the early 1990s, Japan has battled deflation. Photo: Reuters
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