Abe's victory doesn't bode well for Japan's long-term economic health

Japan’s Liberal Democrats, the ruling party led by Prime Minister Shinzo Abe, won a landslide victory in Sunday’s upper house elections.But Marcel Thieliant, a researcher at Capital Economics, says the election result is “no reason to cheer,” and that Abe’s victory will be a detriment to the economy.This is mainly because Abe’s crushing victory will allow him to keep avoiding necessary structural reform in favor of continued fiscal stimulus, according to