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A Bank of Japan survey found that 88.6% of households in Japan expect prices to rise a year from now. Christophe Barraud, Head of Discretionary Management and Research at LIOR Global Partners, reported the finding.
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Barraud has recently highlighted pressures in major economies. He noted that China’s debt burden is restricting its capacity for additional economic stimulus. In the U.S., he expects S&P 500 companies to achieve earnings growth above 35 percent in Q3.