For Takashi Karube and many
Japanese like him, the Tokyo stock rally has been little to
cheer about. The Nikkei stock index hit its highest ever on
Thursday, surpassing a record set in.
For Takashi Karube and many Japanese like him, the Tokyo stock rally has been little to cheer about. The Nikkei stock index hit its highest ever on Thursday, surpassing a record set in December 1989 and marking a once-unthinkable recovery for a market that spent much of the last three decades mired in malaise. Rather than the flashy spending and bottomless optimism of the bubble years, the 34-year-old Karube, born just two months after the stock market's 1989 peak, grew up with frugality and constant reminders of Japan's declining economic might.
ANALYSIS-As Tokyo stocks rally, many Japanese find themselves left behind devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.