The Japanese economy has been stagnant for the last thirty years. The Nikei 225 index was briefly above 38,000 in 1989; today it is about 20,000. Unsurprisingly my previous forays into Japanese stocks have not ended well. However, when I wrote recently about Emerging Markets a reader commented that Japan was worth a look too. Continue reading Japan

Heart to Heart

Ralph Richardson as Sir Stanley Johnson and Kenneth More as David Mann in “ Heart to Heart”.

It’s 8.25 pm on Thursday 6th September 1962. You switch on the TV and all around Europe the same programme is being broadcast by the BBC (UK), RTE (Ireland), RTF (France), ORF (Austria), SRT (Sweden), NRK (Norway), RAI (Italy), NTS (Netherlands) and YLE (Finland) as part of a project called The Largest Theatre in the World. Continue reading Heart to Heart