Though comparisons between the present-day U.S. and 1990s Japan are plentiful, Nomura's Paul...

|By:, SA News Editor

Though comparisons between the present-day U.S. and 1990s Japan are plentiful, Nomura's Paul Sheard sees some major differences. In particular, the U.S. has been much more aggressive in addressing banking sector woes, and the Fed has been far more proactive in using its balance sheet as a deflation-fighting tool.