Should Kuroda Downgrade Japan's Inflation Forecast?

The transcript discusses the Bank of Japan's challenges in meeting inflation targets and the market's reaction to their monetary policy shift from quantitative easing to yield curve targeting. It explores the potential impact of a Trump victory on Japanese assets, predicting a negative shock to global markets and a rise in the yen. The discussion also touches on the implications of Chinese authorities rebalancing their portfolios away from US assets, with potential effects on the yen and global currencies.

Discuss the implications of the Chinese authorities potentially dropping US assets on the Japanese economy.

What recent trends in Japan's trade data are mentioned, and how do they relate to the overall economic situation?