雅虎香港電視

As Berkshire Hathaway (BRK-A, BRK-B) increases its stakes in top Japanese companies, John Hancock Investment Management Co-Chief Investment Strategist Matt Miskin joins Yahoo Finance Live to analyze Japan's stock market success internationally, though he still prefers the US overall.

Miskin says Japan's market has been "one of the best performers, if not the best performer, globally," the only drawback being it's a "consensus allocation." He finds it "perplexing" that Japanese equities continue surging amid "weaker economic growth" and a recession.

Miskin notes that markets are climbing while strategists are starting to trim their rate cut estimates. With the "economy strong" and an uncertain inflation outlook, Miskin cautions that if the Federal Reserve's tone becomes more hawkish, it could become "a headwind for markets" after a "great start to the year."

For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Editor's note: This article was written by Angel Smith