---
title: Japan enters recession with Nikkei about to hit All Time High as the yen trades at 150
description: "The Nikkei has more than doubled from the covid lows and is about to breach its all time bubble highs set in in the last days of 1989... and moments ago Japan entered a recession. In fact, From its generational low set a decade ago, the Nikkei has almost quadrupled even as Japan's economy has slumped into recession three times!\nOnce the second largest economy in the world, Japan reported two consecutive quarters of contraction on Thursday — falling 0.4% on an annualized basis in the fourth quarter after a revised 3.3% contraction in the third quarter. Fourth quarter GDP sharply missed forecasts for a 1.4% growth in a Reuters poll of economists.\nSource: CNBC, www.zerohedge.com"
---

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# [Japan enters recession with Nikkei about to hit All Time High as the yen trades at 150](https://blog.syzgroup.com/syz-the-moment/japan-enters-recession-with-nikkei-about-to-hit-all-time-high-as-the-yen-trades-at-150)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Feb 15, 2024, 4:08:42 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/japan-enters-recession-with-nikkei-about-to-hit-all-time-high-as-the-yen-trades-at-150)

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