The Japanese Nikkei market has been the worst performing stock market in the developed world for the past 15 years. In 1989, the Nikkei reached a peak of 37,000 and fell to 15,000 at the end of 1999. It then reached a historical low of 7,607 in April 2003 - a fall of almost 80 per cent from its peak.
The good news is that the market has now turned a corner with an impressive return of 45 per cent last year and...
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