First leg of the stealth bull market in Japanese equities is now firmly established and now there are indications of the catalyst for the second leg of the bull market for 2023 and onwards.
We are nearing the end of 2022 and China and India are trading at opposite valuation levels — China is trading at 5-year lows whereas India has staged a spectacular recovery from June lows to be one of the best performing markets YTD.
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