Post by mangomoney on Feb 3, 2016 10:15:14 GMT 7
One suggestion on forecasting economies. What's yours? 
These Sumo Wrestling Ads Can Help Forecast Japan's Economy
When the giants of sumo wrestling prepared to step into the ring for last month’s grand tournament in Tokyo, Akiyoshi Takumori fired up his spreadsheet.
For Takumori, an economist at one of Japan’s biggest asset managers, the ancient sport is more than entertainment: it’s an eye into how successful Prime Minister Shinzo Abe has been at unleashing the country’s animal spirits. By counting the number of advertisements paraded before bouts -- company names embroidered on Japanese banners and carried around the ring by a posse of men in kimonos -- investors can gauge whether executives are bullish on the economy and willing to spend their companies’ cash, Takumori says.
more...
www.bloomberg.com/news/articles/2016-02-02/as-giants-enter-japan-s-sumo-ring-one-man-opens-his-spreadsheet
These Sumo Wrestling Ads Can Help Forecast Japan's Economy
When the giants of sumo wrestling prepared to step into the ring for last month’s grand tournament in Tokyo, Akiyoshi Takumori fired up his spreadsheet.
For Takumori, an economist at one of Japan’s biggest asset managers, the ancient sport is more than entertainment: it’s an eye into how successful Prime Minister Shinzo Abe has been at unleashing the country’s animal spirits. By counting the number of advertisements paraded before bouts -- company names embroidered on Japanese banners and carried around the ring by a posse of men in kimonos -- investors can gauge whether executives are bullish on the economy and willing to spend their companies’ cash, Takumori says.
more...
www.bloomberg.com/news/articles/2016-02-02/as-giants-enter-japan-s-sumo-ring-one-man-opens-his-spreadsheet
