Japan ETFs rally sharply as election of party leader Takaichi signals ‘fiscal taps may stay open’
1. EWJ rose 2.1% on Takaichi's election as Japan's Liberal Democratic Party leader. 2. Investors expect fiscal stimulus and tax relief under Takaichi's leadership. 3. Takaichi's policies may pause monetary tightening by the Bank of Japan. 4. Japanese stocks have surged over 20% this year, outpacing U.S. equities. 5. Nikkei 225 index reached record highs, indicating strong market sentiment.