Japanese stock market miracle more financial than real

The Japanese stock market has experienced an impressive upswing. Since January 2023, the Nikkei 225 index has risen by around 30 per cent — by far outperforming US and European stocks. The boom is driven by foreign investors, with Berkshire Hathaway CEO Warren Buffet’s Japan visit seen as a ‘stamp of approval’ for investing in Japan. Prof. Dr. Gunther Schnabl und Taiki Murai in the following blog.