ZJPN - Japanese Equities Continuing Recent Outperformance

• After underperforming earlier in the year, Japanese equities started rising in late August and should maintain strong momentum in the coming months.
• The Japanese economy’s growth in the recovery quarter, Q2, was solid; and the full-year growth rate for 2021 is projected at 2.4%.
• It may be surprising that the sudden resignation of Yoshihide Suga as prime minister on September 3 has not had a noticeable effect on markets.

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