Japan- Turbulence in a Tea Cup

#Elections#Yen#Japan#Japanese Equities#JGBs
Japanese elections see LDP decimated.  There will be a period of uncertainty and volatility for Japanese assets as a messy, weak, coalition is put together at the end of a protracted messier period of haggling.  Such volatility is a storm in teacup in the global scale of things.  But the Japanese love the calm of the tea ceremony. So the storm in a teacup does matter for Japanese assets.  Yen will weaken. Equities will weaken and then mark time. JGBs will stagnate
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