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Warren Buffet turning to Japanese. No wonder Nikkei titiki..

https://www.investing.com/news/economy/b...ts-3055502

2. Turning Japanese

News this week of Warren Buffett’s increased interest in Japanese stocks has focused attention for Western investors on this long-abandoned region.

After a decade-long bull run through the 1980s, the Nikkei 225 index, Japan’s benchmark stock index, reached an all-time high of 38,915 on the last trading day of 1989. As the New Year arrived, the bubble burst, and the index has remained below that level for more than 30 years! 

However, Japanese stocks have seen demand this year–with the Nikkei up over 9% year to date–as signs of easing inflation and a leadership change in the Bank of Japan saw markets bet that the central bank will maintain its ultra-easy monetary policy in the near term.

News that America’s most popular investor has increased his holdings in Japan’s five major trading houses as well as talk that he is considering more local investment is likely to lead to more widespread interest.