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March 26, 2019

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Japan's Stock Market Rebounds Under Abenomics

 

After a gargantuan, four-decade bull market, Japan’s Nikkei 225 index blasted to an all-time closing high of 38,916 on Dec. 29, 1989. Japan had grown into an economic powerhouse, flooding world markets, including the U.S., with high-quality automobiles, electronics and other manufactured goods.


Then came the deluge. The Japanese stock market tumbled over the next two decades, finally hitting bottom in March 2009 at a shade above 7,000—a stunning decline of 82%. Rallies during that terrible bear market all flamed out. But the outlook for Japan’s stock market is brightening.

 

Continue reading the full article on Kiplinger.com here.

 

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