What's Messing Up Japan's Market? Maybe JapanRobert Neff and Larry Holyoke
Tokyo's stock market has seemed eerily immune to good news. Despite signals that the Japanese economy is coming back to life after a punishing three-year recession, the Nikkei 225-stock index has languished within a boring 1,000-point range for months. Now, with consumer spending, industrial production, capital expenditure, and corporate sentiment all showing modest signs of recovery, the Nikkei is headed due south. What gives?
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