Japan to raise rates !!

In first time in close to 20 years Japan is looking forward to a rate hike....That essentially a big step from the CB at Tokyo. Ofcourse the key issues for Japanese remains how to make their ageing generation whose main productive years were spent in the gloom of recession to get back to their "youthful" spending ways !! It definitely is not going to be on condoms !! With rate hikes looming on a large number of economies all that talk of Jap hedge funds taking a huge liking for emerging markets seems to be a trifle hyped up. Let us see how things go there. Cheers for the Japs !!