As opposed to the Could Asia go into a depression? update 2 (there is always an opposite, right?)
A distinct possibility of end year Asian recovery, but I'll let the wolf comment here
South Korea Industrial output up 2.6% (April 2009)
*Japan's Factory output up 5.2% (April 2009)
* Although Japans CPI down (deflation), unemployment up, housing starts down in fact it's 'dead in the water'.
A possible buy on Japan after the flu season finishes (Asia/Pacific season just began) toward end year 2009. Unemployment and construction is on the downside. Also watch geopolitical issues from North Korea middle to end year 2009. Factor stock market shocks despite liquidity injections into the economy.
Await for stimulus to be washed out of the system (again end year 2009), see how the whole economy is still holding up.
*morbius glass does not give investment advice. Trade at your own risk
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