Putting the New Japanese Stock Bubble in Perspectivehttp://www.fool.com/investing/general/2013/06/04/putting-the-new-japanese-stock-bubble-in-perspecti.aspx John Maxfield
June 4, 2013
Spotting bubbles is hard but not impossible.
Take a look at this chart of the Nikkei (NIKKEIINDICES: ^NI225), the principal stock index in Japan. As you can see, it shot up by more than 80% in a period of only six months.
It should go without saying that corporate fundamentals had little to do with this trend; it was instead the result of politics. In the middle of last December, Shinzo Abe, president of the Liberal Democratic Party, secured a landslide victory to become Prime Minster. He did so by promising to get