Japan Rebound is “SET” Or is it False Start

June 29, 2009

It appears that the stimulus plan is setting up to provide Japanese manufacturing a ramp up as they refill inventories. Electricity use is climbing as well, even though last week a report showed that exports were DOWN 50%, year over year.

Now, one of the side effects of the government stimulus and continual media rhetoric is that Japanese manufactures could get caught eating their own posturing. Or said another way, drinking their own governments Kool-Aid. The question will be if and inventory refresh wil actually turn into orders……

Below is a story that is bullish on Japan’s future from Bloomberg. Read more