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Podcast: The Dividend Cafe
Episode: Lessons of a Japanese Milestone
Description: Today's Post - https://bahnsen.co/3uNB8E7
History was made this week, and no, I am not talking about DA Jack McCoy retiring after 400 episodes on Law & Order, but rather the Japanese Nikkei closing at 39,098 on Wednesday night, its highest close in history, surpassing the previous closing high … which was (wait for it) … December 29, 1989. Yes, almost 35 years ago the Nikkei closed at 38,916, and finally re-reached and exceeded that level this week. It gives new meaning to the expression “buy and hold.”
But beyond the statistical and numerical takeaways of what may seem like a distant...