Asset Allocator's Soapbox - Japan: when, not if

Notwithstanding the substantial human element, continued evaluation of the impact of the enormous earthquake, the subsequent tsunami and nuclear power disasters need assessment from a cold financial and technical stand point. The economy has been hit but will gain from reconstruction growth drivers. Tokyo Electric Power (the operators of the Fukushima site) is currently struggling to regain control of the reactors. Whilst significant progress has been made it is impossible to predict when this race against time will be won. In any case, Japan’s GDP will be severely impacted in the f...