Japanese Stocks Hit 33-Year High

The Nikkei 225 stock average closed at a 33-year high Friday, capping an 18% rise this year. The last time the benchmark was at this level, phones couldn’t send text messages, George H.W. Bush was president and the Soviet Union was still a thing.

How Japan got its swagger back

Helped by an escape from decades of deflation, the stock market is at a 33-year high and the economy rebounding. But can this rally last? ( read original story ...)