The K@W Network:
Nippon Life Professor Emeritus of Finance
While President Trump appears to have softened some of his contentious stances on trade and currency levels regarding China and Japan, plenty of policy uncertainty remains.
Political upheaval threatens a breakup of the EU and shaky Italian banks mean a major financial crisis cannot be ruled out in the New Year.
Political transitions on both sides of the Pacific will figure heavily in China's efforts to keep its economy on track.
Japan’s economy continues to falter as the government fails to institute structural reforms and firms are reluctant to invest in the stagnant home market.
The recent Brexit vote underscores the need by nations to pay attention not only to what goes on within their borders, but also to factors that lead to systemic risk[…]