Why major investors have fallen in love with the Japanese stock market 30 years later

The Asian country’s market is at record highs thanks to a fairly favorable economic, business and political context. The Japanese stock market has taken thirty-five years to escape the negative effects of the financial bubble that the country experienced at the end of the 1980s.

This year, 2024, the Japanese market index is back to historical highs above 40,000 points, after a long period of disinflation and a continuous intervention of its central bank, the BOJ, in the financial markets, buying bonds and shares. Last year inflation returned to its economy and the BOJ is finally expected to raise interest rates this year which have been anchored at -0.10% since 2016. “After three decades of low prices, and even deflation, moderate inflation is welcome in Japan”

Read the full story here