Dow & Nikkei Watch

We’re watching with a sense of awe as the Dow Jones Industrial Average and Nikkei 225 Index gravitate toward the same closing price.

The last time the two indexes were at or near the same level (on the way up) the Nikkei embarked on an epic boom.

This coincides with the apparent inflation cycle that we are entering (versus the disinflation period of 1980-2015).  As we said on SeekingAlpha, the inflationary period was good for Japan and we may see something similar this time around.

See also:

• October 4, 2012