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© 2013 AFPNikkei's plunge stokes fears Tokyo market rally is over
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© 2013 AFP
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Yubaru
It only "rallied" on the "feelings of optimism" and really not based on any solid economic good news. While overall it is still up for the year to date, the recent slide and poor economic news is going to put a serious dent in everyone's "feelings" about a sustained recovery.
some14some
Encyclopedia of j-posters comments on Abenomics so far. game over? not yet, few more stimulus before we have a new prime minister.
nath
Since the rally was based on an artificial currency injection what did they expect was going to happen?
kurisupisu
Abe is hoping that by hocking up a fiat currency (yen) that it will lead to something tangible. He is right,but not what he expects to happen -it will lead to massive inflation. This has occurred many times in the past and is going to be repeated here. The reason that markets are so volatile is because as greed gives way to common sense,investors will begin to get jitters and will pull out funds of the market by selling shares etc. This will result in huge share and bond swings
Like a car being over corrected in a high speed skid the economy will crash as Argentina's and Germany's have done in recent history.....
JeanValJean
Sugar or caffeine highs are followed by ... a crash. The Great Abenomics Depression.