Japan's NKY225 has reached 28,500; the highest index level since the 1989 bubble high. The wider Tokyo market capitalisation today closely matches the record high set three years ago in January 2018. The chart which normalises the world's top three equity markets since Jan 2018.
On a relative basis Japanese stocks offer significant value. Five bullish drivers exist for Japanese stocks: (1) Japanese stocks are the most sensitive equity market to future global economic conditions (2) Suganomics (concentrating on "third arrow" growth strategies)
(3) combined and aggressive policy intervention (4) accelerated domestic digitalisation programs (5) an uplift in global institutional investor buying of Japanese stocks
You can follow @Brett1118.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled:
Those who think consciousness raising & movement building are disconnected, or even a distraction from electoral politics have not paid attention to the history of social change.In this thread, we
Read more
The 2020s will be known as the Remote Work decadeA few predictions of what is likely to emerge[ a thread ] Third Space: Office and Working from Home will
Read more
1/29: Have you ever had a concept explained to you that helps frame complex issues you’ve been wrestling with and opens your eyes to new possibilities? A concept that I
Read more
By continuing to use the site, you are consenting to the use of cookies as explained in our Cookie Policy to improve your experience.