This analyst predicted the Nikkei would cross 40,000. Here's where he thinks it'll go next
Publishing timestamp: 2024-03-04 17:30:01
Summary
Japan's Nikkei 225 hit a record high of 40000, with expert Jesper Koll predicting a further 37% upside to 55000 by end-2025. He believes in Japan's private sector's ability to create value, but warns of risks such as tax hikes and global trade wars that could derail the optimism. Warren Buffett's investments in Japanese trading houses also mentioned.
Sentiment: MIXED
Keywords: business news, investment strategy, markets, breaking news: investing, us dollar/chinese renminbi fx spot rate, nikkei 225 index, breaking news: markets,