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08-05-2024, 06:27 PM
#1

Japan stocks melting up

Nikkei up 10%

Funny how they have circuit breakers on the way down but not the way up.
  1. JackyChin
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08-05-2024, 06:28 PM
#2
interesting.

People had their doubts about the mechanism behind the falling stocks. No real explanations.
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08-05-2024, 06:30 PM
#3
This is what we call a "dead cat bounce". The Nikkei is still down 8000 points from a month ago.
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08-05-2024, 06:44 PM
#4
Originally Posted By OliverHeldens
This is what we call a "dead cat bounce". The Nikkei is still down 8000 points from a month ago.
I agree with that for Japan…I don't know that it will sustain globally.


How much of our economy is dependent on Japan losing us cheap money?
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