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Friday, January 11, 2019, 11:00 - 12:30

Masamichi Adachi, Executive Director and Senior Economist, JP Morgan
Hiromichi Shirakawa, Managing Director, Vice Chairman and Chief Economist, Credit Suisse Securities

(The speech and Q&A will be in English)

"2019 Economic Outlook for Japan"

Six years after Prime Minister Shinzo Abe came to power, Japanese stocks have doubled, the labor market is at its tightest in decades and weak inflation – though still far from the government target -- has at least become more the norm. Still, as global market turmoil puts investors on edge, it also clouds Japan's economic outlook for 2019. Add to this whether Japan will be able to successfully pull off another sales tax increase in October, and the future of the U.S. China trade war, the picture looks less clear still. Established Japan economists will speak at the club to assess the current state of Abenomics and the outlook for the Japanese economy.

Masamichi Adachi, a senior economist at JPMorgan Chase & Co. in Tokyo, is an author of his firm's flagship Global Data Watch publication. Adachi joined JPMorgan in 2006 after a 15-year stint at the Bank of Japan, where he worked as an economist and in several other positions. He graduated from Keio University, and attained an MBA from INSEAD.

Hiromichi Shirakawa is the chief economist for Japan at Credit Suisse Securities (Japan) Limited. Shirakawa joined Credit Suisse in 2006 from UBS Securities Japan, following 16 years at the Bank of Japan where he was mainly in charge of research and analysis of money and credit markets. He holds a B.A. in Economics and a Phd in Policy Studies.

5F Marunouchi Nijubashi Bldg., 3-2-3, Marunouchi, Chiyoda-ku, Tokyo 100-0005

Doors open for TV at 10:15. For all others at 10:30, still cameras included.
Please reserve in advance, 3211-3161 or on the website (still & TV cameras inclusive). Reservations and cancellations are not complete without confirmation.

Professional Activities Committee

Jan 11 19 PC Masamichi AdachiHiromichi Shirakawa027Jan 11 19 PC Masamichi AdachiHiromichi Shirakawa044

Masamichi Adachi               Hiromichi Shirakawa


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