TOKYO — There’s no shortage of reasons to worry “irrational exuberance” is coursing through Japan’s stock market. They include the high odds Japan entered 2024 in recession, fallout from China’s economic slowdown, reforms failing to keep pace with investor enthusiasm and a dearth of confidence at Bank of Japan headquarters that the economy is ready […]
Japan’s stock rally has a zombie problem
Nikkei 225 bulls have blithely ignored a rise in reported corporate zombies but may soon need to run and hide from the market fallout to come
