https://the-japan-news.com/news/article/0006300906
As has been seen in other stock markets around the world, like in the US, a country's stock market, these days, doesn't seem to reflect what is really happening in the overall economy or society. There seems a real disconnect from the success of a stock market and the realities of the real world economy or society. Maybe this have been going on since the beginning of time, or more importantly since stock markets have become a so-called economic indicator. Stock markets seem to thrive on potential future success, while the real economic thrives on the current moment in time. Those involved in the stock market, maybe have the luxury of the future, while the rest of the economy lives in the here and now. Of course the stock market is very much in the here and now, with profits and losses on a daily basis. But the point is, most in society don't bother with the stock market, as they are just trying to survive and get through another day.
The stock market, in many countries, maybe is a good example of the hollowing out of the middle class, even in Japan. While stock markets increase in many countries, the middle class, even in Japan, is feeling pressure to survive. Such as little or only slight increases in wages, jobs that maybe are not as beneficial to a family as before etc.
2020 Tom Metts, all rights reserved
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