What Japan Needs

Japanese Prime Minister Shinzo Abe has announced a move to delay a sales-tax hike for more than two years.

Mikio Kumada, Global Strategist at LGT Capital Partners explains why he thinks the move by Japanese Prime Minister Shinzo Abe to delay a sales-tax hike for more than two years is actually a good thing.

He also shares his expectations of MSCI decision in a couple of weeks, on whether to include China’s A shares in the index.

Finally, Mikio discusses his assessment of the health of the US economy, ahead of the release of the employment data, as well as expectations for a summer rate hike.