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Nikkei ends at highest level in 29 years on solid earnings

18 Comments

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When I first came here I was shocked that many young ladies would own 300,000 yen plus bags, I no longer see that now...

Times are tougher...

-1 ( +0 / -1 )

This is misleading as hell! The economy here is no where near as solid as a rise in the stock market would suggest.

Better to go out on the street, better yet, hit the BACK STREETS of Japan and start asking how people are....

-3 ( +1 / -4 )

@goodlucktoyou, it usually only has like 2 benefits. Mostly pension funds invest in stocks, which means if the stock market is doing well, the pension payout will be more. Secondly if stock shares are high, it means firms has the ability to weather storms and have a more easier time to raise more money if they want to expand or borrow. So basically if stocks is doing bad is mostly the companies and pension people who suffered.

Plus many well off people who make a decent earning had always invest in stocks, so it doing well is good news for them. Getting more cash means more spending on the economy. It at least boast some confidence into the consumers who had benefits from it.

It doesn't actually really effect much of the rest population of the nation. Even if you don't play stocks and get nothing out of it, it doesn't mean hearing the stock are doing well is a bad thing. So just be happy this is at least some good news. Is at least better than hearing the stocks are doing terribly in our nation. Doing bad means less investment, which could cripple more companies and that could lead to less jobs on the market.

1 ( +1 / -0 )

goodlucktoyou

i have no money so I don’t understand what this article means?

I like humble man like you. ☺

2 ( +2 / -0 )

Astonishing...a bubble containing nothing and made of nothing. lol No, it’s of course all that printed central bank money , running behind all other’s money like the lemmings.

0 ( +2 / -2 )

Stock markets all over the world are very happy with the apparent results of the American election.

0 ( +1 / -1 )

We're in a recession. The COVID-19 has cut production & purchasing around the world. Now they're claiming record numbers. Who's fooling who?

2 ( +3 / -1 )

We know it is not real economy and thanks to the easing monetary policy. However the numbers of individual accounts of securities firms increased significantly during temporary plunge period of share prices due to the corona virus pandemic. For example, the number of individual accounts of SBI securities increased 20% to nearly 6 million compared to a year ago. Many individuals and pension funds have received benefits from soaring of share prices now and increase of capital gain tax revenues is expectable, although the future is uncertain.

2 ( +2 / -0 )

Hmm Probably only semi good for me ...

I have some stocks which gained ~7% in value but as I made it for monthly saving up some cash I will buy for a very high price now :( good chances that they will loose some worth soon getting me into the minus

0 ( +1 / -1 )

Only another 15,000 points to go until an all-time high!

1 ( +2 / -1 )

This isn’t the real economy,and this will affect only the usual 1% of the population.

3 ( +5 / -2 )

Until quite recently Japan was the only place with zero interest rates. Now, it has become a global phenomenon. Incredible really.

Quality, internationally focused Japanese stocks can yield 2 to 5%. For readers with limited financial knowledge, yield refers to the dividend paid to the holder (typically twice a year). It is somewhat like the interest banks pay to depositors.

Currently my bank pays interest on 1 million yen of about 1000 yen. How good is that?

The correct answer is "not very good".

3 ( +3 / -0 )

printing tonnes of cash will make things appear to be great when in fact the can is just being kicked down the road

2 ( +3 / -1 )

Illusion!

1 ( +4 / -3 )

Seems such an easy way to get rich ,by producing a nothing at all .

-1 ( +5 / -6 )

i have no money so I don’t understand what this article means?

4 ( +9 / -5 )

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