Japanese Stocks Continue Shining
One of the world’s best-performing stock markets of 2023 is starting the new year with fresh highs. As measured by the Nikkei 225 index, Japanese stocks reached their highest since the 1990s as investors speculated that the Bank of Japan would delay plans to end its ultra-loose monetary policy. 🕰️
Recently, a devastating earthquake in central Japan caused widespread damage in the region and will likely weigh on the country’s already slow economic growth. As a result, the government is expected to outline fiscal stimulus efforts to help support the rebuilding process.