🇯🇵 Japanese markets are making history
Japan’s financial markets are hitting a historic turning point. For the first time since 2005, the correlation between the Japanese Yen and the Topix stock index has turned positive, signaling a rare shift where both the currency and the equity market are rising in tandem. $SIREN
Key Market Highlights
A Rare Synergy: Over the past year, the Yen has appreciated +1% against the USD, while the Topix has simultaneously surged by +38%.
Historical Precedent: This "FX up, stocks up" phenomenon is a classic indicator of a secular bull market. It mirrors powerful historical growth cycles seen in: $DONKEY
Japan (1982–1990)
Germany (1985–1995)
China (2000–2008)
The Takeaway: This decoupling from the traditional "weak Yen, strong stocks" dynamic suggests that Japan may be entering a sustained, multi-year period of significant economic strength. $JELLYJELLY