I'll have to keep short as I've got a few Friday meetings to run off to. Gosh do I hate Friday meetings. They are sacrilegious.
Anyway, I was reminded recently that the Japanese Nikkei index is only 1/3 of what it was 19 years ago. Take a look at this graph if you don't believe me. That's a bit scary given the current market meltdown.
This all being said, I'm still buying. That can't happen again can it?
Friday, October 10, 2008
History of the Nikkei bubble
Posted by Mac Noland at 10:50 AM
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