Tokyo Top?
a look at Japan
While thumbing through long-term futures, the chart of the Nikkei caught my eye, since it seems like a very well-formed and quite gargantuan top.
What's tricky, though, and makes this less alluring, is that Japan's central bank has managed for decades to stave off the inevitable by printing up quadrillions (literally) of yen, creating a simulacrum of prosperity. The market has topped out many times, but more often than not, it just shrugs it off.





