The Defeat of the “Shadow Shogun” Means it’s Time to Buy Japanese Stocks

Japanese Prime Minister Naoto Kan's narrow Tuesday victory over Ichiro Ozawa for the leadership of the Democratic Party of Japan wouldn't normally get investor pulses racing - after all Japan has had five prime ministers in four years. However, the Bank of Japan's heavy intervention in the currency markets this week confirmed my view that this political twitch was really very different. The upshot: As investors, we should pay attention ... and should look to increase our allocation to Japanese stocks. To understand why it may be time to buy Japanese stocks (and to see what stocks to buy), please read on...