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Japan's false dawns: charting the volatility that stalks the recovery

Japan's false dawns: charting the volatility that stalks the recovery

The graph below shows how domestic and global politics have conspired with natural disasters to shunt a series of comebacks off the rails.

We chart the performance of Topix TR index in local currency over the five years to the end of September 2012.

Note: Although Scott McGlashan previously worked for Invesco, he is currently employed by JO Hambro and was so at the time of the comments in May 2012.

This graphic originally appeared in the November issue of Citywire Global magazine.

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