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The yen’s weakness is turning foreign investors away from Japanese stocks. The Nikkei 225 Stock Average has jumped 14% this year, outperforming its global peers. But for dollar-based investors, the gains shrink to just above 3% after the yen’s tumble to a 34-year low against the greenback. That’s far below the S&P 500’s increase of 9.5% and the Hang Seng ...
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So far, 2024 isn’t going quite how it was supposed to for the US economy: Inflation has been higher than expected and household spending seems to have lost some momentum. Those trends represent a new risk for economic growth forecasts that were upgraded around the turn of the year, largely on the view that rapid disinflation would help bring about rising ...
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