Japanese stocks have reclaimed the historic peak reached over 34 years ago as global investors pour money into a country they’re betting has finally escaped deflation and is headed on a path of sustainable growth.
On Thursday, the Nikkei 225 closed at 39,098.68, finally breaching the previous record. The epic come-back — it took even longer than Wall Street’s recovery from the crash that sparked the Great Depression — marks a rebirth for Japan’s share market.
Back then, the nation’s equities had risen so far and so fast that there really was only one way to go: down. Read how Japan’s stocks rallied to a historic high not seen since 1989 in charts. https://bloom.bg/49DvpjD
