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Nikkei closes above 30,000 for 1st time since Sept 2021

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9 Comments
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Oh, thank god! With the announcement that electricity is about to get 40% more expensive, the ongoing war in Ukraine and the announcement of the closure of the Spider-Man Ride at USJ, this could’ve seemed like a bit of a bad news day.

Luckily, rich people remain rich and price gouging companies have kept their market value. phew!

-5 ( +3 / -8 )

I see your point, but I can assure you, that the Nikkei won’t keep nearly the same pace as inflation and energy costs will climb up.

0 ( +2 / -2 )

Yet more good news, then.

-2 ( +1 / -3 )

Thank you! I've offloaded about 70 percent of my stocks in the past 2 days. Going short now as a crash is imminent. Debt ceiling will be resolved but with big cuts in spending and we are going to enter a recession. Some European countries already have shrunk in the last quarter.and with sky high inflation we'll have a nice recession with stocks retreating 20 percent or more this year

-3 ( +2 / -5 )

Never done Nikkei or FX.

but this would make me worried more than happy knowing what we actually know about our short term outlooks.

-2 ( +0 / -2 )

Debt ceiling will be resolved but with big cuts in spending and we are going to enter a recession.

Recession seems likely yes, but I think cuts to big government out of control spending would be bullish, over the longer term, if not the short term too.

-2 ( +0 / -2 )

Recession seems likely yes, but I think cuts to big government out of control spending would be bullish, over the longer term, if not the short term too.

If you are talking about the US, nobody cares about the government spending. At least on Wall Street.

-2 ( +1 / -3 )

The market will trend upwards while the yen trends DOWNWARDS

More pain ahead for the average Taro then….

-1 ( +2 / -3 )

Stock market is the biggest fraud,you have trillion of dollars in side bets unrelated to the stock you buy ,if you are not getting a dividend,and the company may file bankruptcy making the stock worthless ,the company can issue more shares and dilute your stock Google Diluted Share Offering

-1 ( +1 / -2 )

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