Investors jump on market euphoria over Abe's win [CNBC]
Global X SuperDividend REIT ETF (SRET)
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Source: CNBC
Tomohiro Ohsumi | Bloomberg | Getty Images Japan's October 24 election has come and gone without much fanfare — most pollsters predicted that Prime Minister Shinzo Abe would win reelection, which he did by a landslide — but investors are still breathing a sigh of relief that the status quo has been maintained. Since election day, the market has risen by 1.66 percent , a vote of confidence for a leader who has worked hard to turn Japan's once stagnant economy around. While the Nikkei 225 did take a step back on Wednesday — it had climbed for 16 straight sessions before dipping by 0.44 percent — it had reached a 21-year high on Tuesday. And so experts, like Atul Lele, chief investment officer of Deltec International Group, a Nassau, Bahamas-based financial services company, thinks Japan's market could climb by another 10 percent over the next 12 months. That would add more gains to an already impressive performance. Year-to-date, Japan's market h
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