If you are ostensibly in a higher yield a higher interest rate in environment does it necessarily on balance does it derail the entire Japan is back narrative or add to it I 100% agree when we look at the market direction since July this year market has gone down purely on based of derating when we look at global equities the valuation the P has got derated from 23 mark towards 90 remember earnings have been fantabulous be it in US Japan across Ross emerging market world but market is not caring for them. M ...