An Asian economic forecast with smiley faces

SociTtT GTnTrale's Asia Pacific Chief Economist says investors should focus on Japan and Hong Kong.
It is rare for a chief economist of a bank to use little green smiley faces on his power point presentations and exuberant statements such as ôWe love Japanö in a beginning of the year outlook.

Apparently the conservative style gurus did not give the keep-it-staid memo to Glenn Maguire, the Asia Pacific chief economist for SociTtT GTnTrale Corporate Investment Banking Hong Kong. The Australian economist presented his year of the dog outlook late last week at the Island Shangri-la to a crowd of bankers and customers who were dressed-in-black suits and sat quietly as they followed his presentation without question.

Maguire did not offer any shockers. He is bullish on Japan...
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