Tokyo stocks end at 31-year high on vaccination efforts, new gov't hope

Historically, the Japan stock markets go down when a PM announces retirement. This historic high shows just how much Suga was disliked not only by the general public, as polls have shown, but by the business community, as well.

strong buying by foreign investors … as it raised hopes that Suga's successor will craft a fresh stimulus package, brokers said.

Well I hope for the sake of taxpayers that this doesn’t turn out to be the case, but it looks like typical redistribution of wealth by central government again.

Huge amounts of cash pumped into the market have nothing to do with it, of course.

After a long downturn of international economy due to Covid-19, investors are eager to put their money on anything that has a chance to grow, even slim ones.

Huge amounts of cash pumped into the market have nothing to do with it, of course.

From people like Warren Buffett. What does he know, eh?

https://japanstockschannel.com/the-japanese-stocks-which-buffet-bought/

A fund manager was on Bloomberg recently saying they really like Japan, as it faces no prospect of tightening.

Nissan and Olympus shares, anyone? (Not that I have any to sell)