Shinzo Abe and Stock Market

counting number: By counting the number of advertisements paraded before bouts — company names embroidered on banners and carried around the ring by a posse of men in kimono — investors can gauge whether executives are bullish on the economy and willing to spend their companies’ cash, Takumori says, according to The Japan Times. The 58-year-old is looking for any edge to assess the outlook for Abenomics, and more specifically its impact on the stock market. For Takumori, an economist at one of Japan biggest asset managers, the ancient sport is more than entertainment: It is an eye into how successful Prime Minister Shinzo Abe has been at unleashing the country animal spirits. After a rosy first three years under Abe, with the Nikkei stock average more than doubling, shares tumbled in 2016 to their worst start on record. If you watch them, you can tell whether the main lights will turn red or not. The ads are like supplementary traffic lights to the main ones, regular economic indicators, said Takumori, chief economist at Sumitomo Mitsui Asset Management Co. in Tokyo. (news.financializer.com). As reported in the news.