Showing posts with label Lost Decade. Show all posts
Showing posts with label Lost Decade. Show all posts

Friday, July 27, 2012

Nikkei Priced in Dollars

Yesterday's post about the S&P 500 priced in Euros got me thinking about other markets that might be interesting to view priced in foreign currencies.  Below is a chart of the Nikkei priced in dollars.  Because the Yen has generally appreciated against the dollar over the course of Japan's (somewhat mythical) lost decades, the Nikkei's fall is a little softer when viewed in dollar terms.