As an investment manager managing $1 billion in assets, it's important that we know what's happening in economies; not only in the United States but around the world. For that reason, I will once again travel to Asia to see firsthand current conditions and discuss investment strategy with leading professionals in many Asian countries. It's a topic often commented on in my weekly news update to clients posted to www.ycmnet.com each Friday as I share our insights into global investing.
Japan, as the third largest world economy, is a developed nation facing unique challenges. A declining population, a high national deficit, and continuing uncertainty from the recent earthquake will be a headwind for this economy. We are eager to find out how business sentiment has been impacted in this staggering country.