Japan on the rise: New demand source may be needed to sustain equity market's impressive gains
Vaccines and stimulus alone not enough for long term
Naoki Kamiyama of Nikko Asset Management
The Japanese equity market has been on an impressive run over the past month, with the Nikkei Stock Average rising to its highest level in nearly three decades.
A factor behind the Japanese market's gains, and those of the global markets as a whole, has been expectations of the development and rollout of Covid-19 vaccines. Hopes for government stimulus also gave...
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