The Established Root Of So Many Lost Decades

By |2016-11-18T13:50:59-05:00November 18th, 2016|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

After being pummeled by a concurrent stock and real estate crash, Japanese officials by late 1992 felt that enough was enough. The Nikkei 225 stock index that was nearly 40,000 toward the end of 1989 had crashed to below 15,000 by August 1992. From that point, however, Japanese stocks had started rising again. Through the summer of 1992, things looked [...]