日本股票策略：日本股市能在利率上升与日元贬值中扛住多大压力？-Japan Equity Strategy_ To what extent can Japanese equities withstand rising rates and JPY depreciation_

J P M O R G A N Global Markets Strategy 22 January 2026 Japan Equity Strategy To what extent can Japanese equities withstand rising rates and JPY depreciation? With a snap general election on Feb 8 approaching, pledges by the ruling and opposition parties to cut consumption taxes on food, among other measures, have heightened concerns about further fiscal expansion and the possibility that higher long-term rates could trigger selling in Japanese equities. Since Takaichi's victory in the LDP presidential ele ...