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Japan's Long Comeback
Stocks around the world hit new all-time highs last week, but one stood out. • The U.S. S&P 500 Index eclipsed the high set just the week before. • Europe's STOXX 600 Index climbed above its prior high set a little over two years ago in January 2022. • Japan's Nikkei 225 Index hit a new all-time high set 34 years ago. We have been eagerly anticipating this move by Japan's stocks market, highlighted last June in Japan: Reclaiming Lost Decades. Today, the Nikkei 225 Index continues to outperform the S&P 500. Even though Japan's stock market is the second largest in the world, it often doesn't get much ... (full story)
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