What is going on here?! Japan’s economy is in a tailspin. The Nikkei plunged over 16% on Thursday after its 10-year lows, with the Bank of Japan (BOJ) announcing that it was lowering its growth forecast for the year and cutting the size of its economic stimulus fund by 3 billion yen ($31.5 million).
It’s good to see the Nikkei going down. The Nikkei is on a very low-growth path, and it’s going to need a lot of pressure for growth. It could become a lot more attractive than its last-in-its-price cousin.
If the Nikkei is a tail-wind for the economy, then it could be a head-wind for the Japanese stock market. The market is up over 600 points in the last week, and that’s up from around 500 points just a couple of weeks ago and over 600 points from a few weeks ago. That’s pretty incredible, especially given the market’s history of overreaction to any news.
It’s hard to think of any other time in which the Nikkei was this high. We’re already looking at a year of strong gains, and there’s no telling how long it’ll take for the Nikkei to decline, but the Nikkei was up over 400 points for the last week. I think the market is really starting to believe the Nikkei could go higher than it’s been in the past.
It’s still early. So we’re pretty much a year behind on our new trailer, but that’s not going to stop us. We’re looking at some more new trailers, and that’s going to take us right along with us.
There are always going to be some who doubt the stock market, and some who doubt Japan, but I think this Nikkei rally is more than justified. The Nikkei is now higher than 4,300 yen, and it remains strong. Over the past week, the Nikkei has rallied 515 points. This may seem small, but its enough to give me hope.
I’m happy to say that the Nikkei has been rising fast since the first trading day of the year. All the talk about Japan’s stock market being too slow compared to other developed countries, and so on, is a bit ridiculous. I don’t know about you, but at $12,000 USD a year ago, I would have been willing to pay a lot more if I thought the Nikkei was going to keep rising at that rate.
The Nikkei has had some ups and downs over the past year. Its risen by over 3,000 points over the past week, but dropped 10% last week. This is a good sign, but it does seem like the Nikkei is going to continue to fluctuate wildly over the next few weeks. Hopefully, it doesnt go up too much, and the market will be able to stabilize and start its upward trend.
I’m not sure if the Nikkei is going to go up or down, but either way there’s no way it’s going to be able to keep its current price. In Japan the Nikkei is considered a currency, a commodity, and a barometer of the general economic status of the country. The Nikkei is a bit like the dollar, except the dollar is considered a currency, and the Nikkei is a commodity.
The currency is the reason why the Nikkei has a positive correlation with the stock market. This means that more money in the hands of investors is an indication to the general economic health of the country, and an indication to the general economic health of the country.
