A Rose is a Rose, is a Rose...

When we read about the NYSE or the NASDAQ index going up or down, we have a sense of how Americans feel about the prospects for companies and the US economy in general. When we read about the Tokyo exchange, we also feel that the stock trends there reflect how the Japanese feel about the future for their companies and economy. It turns out, however, that on any given trading day, around 50% of the trading that goes on in the Tokyo exchange is driven by foreigners - mainly American and Europeans. The Japan stock indices tend to show more what the rest of the world thinks than what the Japanese public thinks.

Japan Today Japan News - News - Stocks to hold firm ahead of fiscal year end
- posted by tempusmaster @ 7:00 PM