Bank of America Merrill Lynch Japan equities bullish outlook predicts Nikkei 20,000 by end-2017

Bank of America Merrill Lynch Japan equities bullish outlook predicts Nikkei 20,000 by end-2017 The passage is a standard investment strategy memo with no mention of political figures, financial misconduct, or actionable investigative leads. It contains only market forecasts and internal analyst names, offering no novel or controversial information for investigation. Key insights: Predicts Nikkei 225 reaching 20,000 by end‑2017; Positive outlook for cyclicals, banks, and insurance in Japan; Cites internal chief Japan economist Izumi Devalier’s growth forecasts