Wood: Inflation Good For Japanese Stocks

From Bloomberg:

Japan's Inflation May Be `Hugely Bullish' for Stocks, CLSA Says

By Patrick Rial

April 28 (Bloomberg) -- Japan's stocks may benefit from the end of deflation as companies raise prices, improving margins, CLSA Ltd.'s chief strategist Christopher Wood said.

Rising inflation ``is potentially hugely bullish for the Japanese stock market,'' Wood wrote today in his `Greed & Fear' strategy note. The ``bull story in Japan is all about a sustained move out of the nearly 20-year period of deflation with all that means for companies' pricing power and, consequently, their profit margins.''

Christopher Wood is a terrific analyst who writes the Fear and Greed newsletter. I used to see the letter regularly and found his opinions to be well worth reading. Unfotunately, I no longer have access to his work so the Bloomberg article is the best link I can provide.
hat tip to Fullermoney. Chart is of Topix Bank Index provided by Fullermoney.