๐จ Markets are completely detached from reality.
Japanโs Nikkei just added ยฅ10 trillion in market value even as the Bank of Japan continues tightening policy and interest rates hit their highest level in 31 years.
Higher rates were supposed to pressure equities.
Instead, stocks keep climbing.
Liquidity > Logic?
#Nikkei #Japan #BoJ #stockmarket
Japanโs Nikkei just added ยฅ10 trillion in market value even as the Bank of Japan continues tightening policy and interest rates hit their highest level in 31 years.
Higher rates were supposed to pressure equities.
Instead, stocks keep climbing.
Liquidity > Logic?
#Nikkei #Japan #BoJ #stockmarket