Odaily Planet Daily reports that The Kobeissi Letter stated on the X platform that the Japanese market is making history, as the correlation between the yen and the Topix stock index has turned positive for the first time since 2005. This indicates that the yen and Japanese stocks are moving upward in sync. Over the past year, the yen has appreciated 1% against the US dollar, while the Topix index has increased by 38%. Historically, such patterns typically occur during long-term bull markets, such as Japan from 1982 to 1990, Germany from 1985 to 1995, and China from 2000 to 2008.
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