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22 Feb 2024

Nikkei Parties Like It's 1989

A lot of attention has been focused on the Nikkei 225 index, which topped its all-time high, surpassing 39,000 and breaking the previous record of 38,957 set on the final trading day of 1989. The 34 years it has taken to regain its footing is also a record for a major market, and it's a decade longer than Wall Street took to recoup its losses from the 1929 crash and the Great Depression. source : bloomberg, reuters

22 Feb 2024

Japan's Nikkei has hit a historic high not seen since 1989, marking an epic come-back for the country's stock market.

The Nikkei 225 hit an all-time high of 38,924.88 as robust corporate earnings and steps aimed at boosting investor returns fuel a blistering rally in Japanese equities this year. Nikkei and Topix have been standout outperformers in Asia Pacific, up more than 10% in 2024 after surging more than 25% in 2023 — their respective best annual gain in at least a decade. Source: Bloomberg, CNBC

19 Feb 2024

Nikkei 225 hit 38k level this week. Last time it happened was 1989...

See below the level of other indices at the time... Source. Bloomberg

15 Feb 2024

Japan enters recession with Nikkei about to hit All Time High as the yen trades at 150

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! Once 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. Source: CNBC,

13 Feb 2024


Japanese stocks index Nikkei 225 closes up 1066.55 points and within striking distance of all time high 38957! It briefly crossed the 38,000 mark for the first time since the asset bubble burst in 1990 as it rallied about 3% and pushed 34-year highs. In times of financial repression aka negative real rates, real assets go up. January PPI came weaker than expected (+0.0% m/m vs. 0.1% expected) Futures going higher still: Nikkei 38110 Source chart: IG

9 Feb 2024

Japanese Stocks Hit 34-Year High

For the first time in 34 years, the Nikkei jumped above 37,000. The index is now about 5% away from taking out the all-time high set all the way back in December 1989. Source: barchart

2 Feb 2024

Shares of Japanese bank Aozora are collapsing.

Stock's on steepest 2-day drop since it became a public company. Why? Bank reported massive exposure to US commercial real estate. Source: David Ingles, Bloomberg

23 Jan 2024

Japan is expected to be short 11 million workers by 2040

Source: Win Smart, FT

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