Japan's Rising Inflation Signals Economic Shift, Positive Outlook for Stock Market's Recent Strong Run

Japan is experiencing a shift in its economic landscape, with rising inflation being seen as a positive development. The pandemic and war in Ukraine have contributed to increased costs and prices, altering the long-standing deflationary mindset. This change is reflected in the stock market, where low corporate debt, a cheap currency, and a shift in power towards shareholders are driving positive returns. Edward Chancellor, an expert, believes this trend could persist for years.