Why Is The Nasdaq Rallying?
Market Depth
The US Equity Market's Very Thin Market Breadth
The Nikkei two to five index and the topics index that are both moving in tandem together, even though they have almost nothing to do with each other. And you also look at the just incredibly deep and wide market breadth that's pushing the indices higher in Japan, especially relative to the US. All of that is thanks to these massive waves of nonstop foreign inflows into Japan equities, especially from US managers.
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