Japan has emerged from its recession following good but not great economic data from the last quarter of the year where the economy expanded at an annualized rate of 2.2 percent.
The gain comes after contracting the two previous quarters, which sent the county into a recession (by definition).
Many economists forecasted an expansion of 3.7 percent; however emerging from its recession is undoubtedly a step in the right direction for Japan.
Prime Minister Shinzo Abe implemented his 'Abenomics,' which has consisted of the Bank of Japan injecting large amounts of money into the economy as well as buying government bonds and other assets to spur spending within the economy.
Corporate profits are at record highs and the continued devaluation of the Japanese yen will help the country’s largest manufacturers increase exports.
The two-year stimulus package currently underway has started to bring life back into a struggling Japanese economy and will likely continue to propel it forward in 2015.
Highlighted below are three ETFs that have been affected by the positive ...
/www.benzinga.com/etfs/sector-etfs/15/02/5251829/3-etfs-propelled-by-japans-recession-recovery alt=3 ETFs Propelled By Japan's Recession Recovery>Full story available on Benzinga.com
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