Menu

Japan Beats Forecast

Benzinga 16 years ago

Long IdeasSector ETFsSpecialty ETFsEmerging Market ETFsGlobalTrading IdeasETFs

Good news is coming out of Japan for the first quarter. The Nation’s gross domestic product grew at a revised 1.2 percent during the 1st quarter ending in March compared to the same period last year. The result topped economists' estimates for a 1 percent gain. This growth in GDP equals an annualized 5 percent growth for the Japanese economy in real, price-adjusted terms. This statistic also tops economists' views from the initial estimate of 4.9 percent. The Japanese economy seems to be turning a corner and investors may want allocate some capital towards the nation. The iShares MSCI Japan Index (NYSE: EWJ) offers a broad swath of the Japanese economy. Traditionally, small caps offer larger returns during rising market cycles. The Wisdom Tree Japan Small-Cap Dividend (NYSE: DFJ) offers investors a chance to play their growth. Check out Tickerspy's daily indexes.

Read the original