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Investors can’t ignore Japan any more
Imminent changes in the Bank of Japan’s policies could bring many surprises
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After 35 years of underperforming most others, the Japanese stock market has soared more than 40 per cent since January 2023.
PHOTO: EPA-EFE
For a sense of what might happen in global financial markets in 2024, we might need to look more closely at a place that many money managers have long ignored: Japan.
After 35 years of underperforming most others, the Japanese stock market has soared more than 40 per cent since January 2023 and in February 2024 surpassed its previous all-time high of December 1989.
