As European markets latch onto Covid-19 vaccines to reduce the 2020 declines, the outlook in Asia is different and is approaching Wall Street milestones. The CSI 300 of mainland China stands out, with a 20% rebound, but the Nikkei 225, the main index of the Japanese Stock Exchange, gains prominence due to its long-term performance: it is at levels of three decades ago after adding 9% in the year. When the GDP for the third quarter was known last week, the selective exceeded 26,000 points, a level that has not touched since 1991, close to its maximum in the Japanese financial and real estate bubble at the end of the 80s.
You can read the full article at the following link.
