SubscribeAll Posts Tagged With: "japan ranking"
If Japan Bounces Back in the New Year, Investors Will, Too
Japan has been an infuriating country for U.S. investors for almost 20 years now, since its benchmark Nikkei 225 index hit its trading high of 38,957 in late December 1989. The market then dropped steadily to a third of its peak value by the end of 1998, zoomed back up to 20,000 in March 2000, fell to a low of 7,600 in March 2003, and then recovered to 17,600 in June 2007.
Now, however, it has swooned to 8,695, infuriating global investors. And there’s two ways to look at it.
You can regard it as hopeless case, a market stuck in permanent…
14Nov2008 | Money Morning | Comments Off | Continued
Loading ...
