Investors can’t ignore Japan any more

Imminent changes in the Bank of Japan’s policies could bring many surprises

After 35 years of underperforming most others, the Japanese stock market has soared more than 40 per cent since January 2023. PHOTO: EPA-EFE
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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.

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