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Japan's made the news a lot lately--from its hot stockmarket to its top car brands. What this means for investors isopportunity--in small doses, of course.
Don Cassidy, a senior research analyst at Lipper, saysthat for the calendar year 2005, the average return for Japanesefunds was 33.64 percent. "That was enough to push theirpreviously lagging longer-period returns from minus to plus signsall the way back for 15 years," he says.
Cassidy points out that Japan's economy has turned aroundafter a long, painful spell. Consumer and business confidence areup, corporate and banking reforms are taking place, and anexpanding world economy has created opportunity for Japaneseexporters.
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