Business Sentiment Soars In Japan
Matteo.Mazzoni at www.flickr.comMore signs that Abenomics is working in Japan.
The business survey index (BSI) of sentiment at large manufacturers stood at plus 15.2 in July-September, compared with plus 5.0 in April-June, according to the joint survey conducted by the Ministry of Finance and the Economic and Social Research Institute, an arm of the Cabinet Office.
Meanwhile, Japan's stock market, the Nikkei, is on a tear.
Monday and Tuesday it was up big, and today it's up about 0.5%.