Over ¥35,000,000,000,000 ($225 BILLION) WIPED out from Japanese stocks as the NIKKEI drops 3%.
Japan’s Nikkei share average fell on Thursday as global markets came under pressure from oil prices rising above $100 a barrel amid an escalation in the Middle East conflict, while growing expectations of a faster pace of monetary tightening by the Bank of Japan also weighed on sentiment, Reuters reported.
Read more
Maybe I am too much used to Bitcoin charts but with 5 years of perspective it looks like a reasonable drawdown to me.
Seeking "balance" in the market
Indeed, fair assessment.
Also priced in USD it looks like a small correction from an exponential increase over a 5 year time period. But priced in gold the trend over the same period from 2020 looks rather decreasing.
https://pricedingold.com/charts/Nikkei-2006.pdf
Wow... interesting graphic... it offers a different perspective
Japan has had horrible luck. what with the Kumamoto earthquake and now this...:(
👀