Abe May Gain Stronger Mandate With Snap Election: Smith

Nicholas Smith, a Japan strategist, discusses Japan's economic achievements under Abe, highlighting significant growth in the stock market, corporate profits, and job creation. Despite a 44% approval rating, Abe calls for a snap election to seek public approval for policy changes. The role of Kuroda in monetary policy, including record stimulus and asset purchases, is debated. The Bank of Japan's actions are analyzed, with concerns about foreign investors' perceptions of Japan's economic stability. The discussion concludes with expectations for the Bank of Japan's future actions.

What was the percentage increase in the stock market since the last Parliament was called in November 2012?

• 47%

• 100%

• 78%

• 93%

Why did Abe decide to call a snap election?

• To increase the sales tax

• To implement new monetary policies

• To gain public approval for important changes

• To reduce unemployment

Who is credited with implementing significant monetary policies in Japan?

• Cameron

• Merkel

• Kuroda

• Abe

What was the intended purpose of Kuroda's 'shock and awe' policy?

• To strengthen the yen

• To support the sales tax

• To increase corporate profits

• To reduce unemployment

What is a concern among foreign investors regarding Japan's economy?

• Rising corporate bond yields

• Decreasing stock market

• Increasing unemployment

• Strengthening yen

What is the perception of Japan's stock market performance as an indicator of Abenomics?

• It is the most honest appraisal

• It is unreliable

• It is misleading

• It is irrelevant

What is the current state of Japan's bond market according to domestic investors?

• High risk of default

• Stable and low yields

• Rapidly increasing yields

• Unpredictable and volatile