Millions Capital’s Post

Japan's Nikkei 225 soars past 34,000, marking a 33-yr high since March 1990. Up 120% since 2020's low, the resurgence of Japan's stock market is great. A weaker Yen means foreign investments are rising, Japan is an attractive market, especially in tech & healthcare sectors. Even Warren Buffett is betting on Japan's economic revival. He bought up to 9.9% in 5 Japanese co when the yen was weak, & interest rates were close to 0. The Japanese stock market has rallied since then. Huge milestone for Japan.

Now that a few days have passed since the Nikkei 225 Index finally surpassed its December 1989 bubble era high, attention has eased off as the market consolidates recent gains. The Nikkei has been driven by some of Japan’s less well known but globally dominant semi-conductor equipment manufacturers, but perhaps more important for long suffering Japan watchers is when and if the broader and more domestically focused Topix Index exceeds its own lifetime high. The Topix is currently 7.7% away from doing that, and if it breaks new ground one implication is that Japan has finally slayed its deflationary spectre. That would have massive implications for global asset markets and financial flows, particularly for the cheap Japanese Yen. #nikkei225 #nikkei #japan #japanesemarket #asianmarkets Westminster Asset Management Jonathan Schiessl

For me, today is a pretty exciting day. I have waited 34 years for the Nikkei to regain its 1989 all-time high (Rome wasn’t built in a day as they say!) and today it has traded within 1% of that peak. My first 3 years were very exciting as the Nikkei Index more than doubled in that period, but has taken another 34 years to regain that high. Here is an abbreviated timeline.   Nov 1986         Nikkei Index was 17,727 (I started my first job on the Japan desk at Barings). Toshiki Kaifu was Prime Minister. We have seen 17 PM’s come and go since then!   Dec 1989          Nikkei hit its all-time high 38,916 The P/E Ratio was over 60x There were over 20 golf clubs that cost more than $1 million to join The Imperial Palace and it’s grounds in Tokyo were valued at more than the whole of California Japanese equities were briefly over 50% of the World’s equity market by market cap.   Mar 2009       Nikkei hit a low of 7,173 (81% fall from the all-time high)   Feb 2024         Today Nikkei closed at 38,487 and traded today within 1% of the all-time high www.jkim.co.uk #japan #topix #nikkei #nikkei225 #japanequities

Japan has been a strong market recently hitting record highs ealier in the year. However unlike other assets that have also hit highs, Japan may still offer further upside. 3 reasons why I like Japan. 1) Cheap currency - 34 year low today. 2) Still a relatively and historically a cheap market - last time Nikkei was at these levels PE was over 60x. 3) The opportunity for good active managers- this bottom up opportunity is my favourite reason. I was going to cover all 3 points in detail ( especially point 3) but this excellent report from AVI covers the opportunity set in much better detail. Well worth a read.

Nikkei Rockets - Record Surge Continues! As strong profits and investor-friendly policies fuel a risk-on sentiment, Japan's Nikkei surpasses 39,000. With gains of over 10% in 2024 following gains of over 25% in 2023 — each representing their biggest yearly gain in at least ten years — Nikkei and Topix have been notable outperformers in the Asia Pacific region.

Japan's Nikkei 225 index is at all time high after surpassing it's 1989 peak last week. At Ativo Capital, we view Japan as a potentially generational investment opportunity. This conviction is rooted in Japan's emergence from an extended deflationary cycle, alongside notable wage growth and positive shifts in monetary policy. Despite its history of underperformance, we're observing pivotal changes, including heightened shareholder value initiatives, breakthroughs in technology, and supportive government policies, all pointing towards a promising future for investors. The note we've put out dives deeper into the historical backdrop, the bullish factors at play, and the potential risks, all wrapped up with actionable insights for those looking to invest with a long-term perspective. Download and explore our insights today! #EconomicInsights #JapanEconomy #GlobalFinance #MarketTrends #ProfessionalGrowth

Japan's stock market has surged. But, are there any icebergs ahead? I covered that briefly in this interview with A News Turkey. They do some great work, so check out their website and coverage! https://lnkd.in/gzaAG365

💡当日元大幅贬值会发生什么？ 💡What will happen when the JPY falls sharply? 🚀当日元大幅贬值，以日元计价的企业海外利润将大幅增长，从而推动日本股市大涨。👨🏫中文EMBA学术主任傅强教授指出，日本30年以来的根本问题在于其消费动力不足，其经济能否实现增长有待继续观察。📊今年春季企业是否予以员工加薪，提高居民收入，提振经济，非常关键。#新加坡国立大学EMBA #商学院 #学术主任分享#傅强#日本#股市#经济#日元贬值#海外利润#消费动力 🚀When the JPY falls sharply, the overseas profits of Japanese companies, calculated in JPY, will increase significantly, thereby driving a sharp rise in the Japan stock market. 👨🏫Prof. Fu Qiang, the academic director of the EMBA-C programme, points out that the fundamental problem in Japan over the past 30 years has been its insufficient consumption power. Whether the Japan economy can grow remains to be seen. 📊 It is crucial to observe if companies increase wages for employees this spring, boosting personal incomes and thereby stimulate the economy.#EMBA #nusembac #NUSBusinessSchool #FuQiang #Japan #StockMarket #Economy # JPYfalls #OverseasProfits #ConsumptionPower #LeadingfromAsia #NUSGlobal NUS Business School Qiang Fu

Japan's so-called ‘Lost Decade' lasted for 23 years. The Nikkei 225 Index recently reached its highest level in almost 35 years, following Japan's prolonged economic malaise due to decades of deflation and weak demand post the bursting of the asset price bubble in the early 1990s. Although Japanese companies have been evolving for the better over the last decade, we are only now seeing a revival of investor interest. #japaneseequities #abenomics #janushenderson #CapitalAtRisk #ForProfessionalsOnly #MarketingCommunication

🔗 https://lnkd.in/ey3KXTVk 🇯🇵 📈 With a new high for the Japanese #Nikkei225, things may seem to be looking up for the Japanese economy after two decades of stagnation following the 1991 financial crisis. Though Louis Gilmore argues there is much more going on behind the scenes. As the country faces a depleting workforce and a still shrinking economy, the relief this surge in the Nikkei provides investors may not reflect a long-term revival. ➡ Facing issues from depopulation to a divide between the post-war generation and a ‘lost generation’ who found themselves struggling to find stability after the 1991 crisis, Japan faces deep structural issues that still need to be reckoned with before larger hopes of complete economic recovery.  ➡ What are the current trends in the Japanese economy and what does the future look like? What has happened with the lost generation? Will the Nikkei 225’s current success last? Is this a potential tale of #Japan’s recovery? ➡ Read the full article now! ⤵