| These reflationary efforts will keep core euro-zone safe-haven yields at low or negative levels. |
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| The reversal in the Japanese economy has fueled doubts about Abenomics, as the reflationary policies of Prime Minister Shinzo Abe are known. |
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| We view all this central bank activity as being reflationary and supportive of financial assets and remain committed to our preference for equity investments. |
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| Abe has dubbed the election a referendum on his reflationary policies. |
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| The prevailing disinflation and a tail risk of deflation reflect the ineffectiveness of quantitative easing to deliver the intended reflationary results. |
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| In short, the central banks' reflationary policies could in fact be the very source of the disinflation, or indeed deflation, they are trying to prevent. |
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| Japan's growth slowed for a second straight quarter in July-September, as the initial impulse of Abe's reflationary policies, dubbed Abenomics, started to fade. |
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| Our view has been, and remains, that reflationary forces will continue to dominate for the present, even if valuations are becoming less accommodating. |
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