{"id":41961,"date":"2018-12-24T21:57:29","date_gmt":"2018-12-25T02:57:29","guid":{"rendered":"https:\/\/olduvai.ca\/?p=41961"},"modified":"2018-12-24T21:57:29","modified_gmt":"2018-12-25T02:57:29","slug":"nikkei-tumbles-sliding-into-bear-market","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=41961","title":{"rendered":"Nikkei Tumbles, Sliding Into Bear Market"},"content":{"rendered":"
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Nikkei Tumbles, Sliding Into Bear Market<\/span><\/a><\/h3>\n<\/div>\n
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A few hours after the S&P tumbled over 2.7%, sliding into a bear market for the first time in a decade, Japan’s Nikkei 225 – which had been sliding gradually for the past week – dropped sharply by over 3.2% at the open…<\/p>\n

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… becoming the latest index to tumble into a bear market, sliding over 20% from its October 2 peak.<\/p>\n

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Meanwhile, the broader Topix index – which had already entered a bear market from its January 2018 highs – plunged even more, dumping over 4.3% and was trading at levels last seen in November 2016, as more than 2 years of gains have been largely wiped out in just the past 3 months as the Christmas Eve rout launched in the US goes global.<\/p>\n

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Nikkei Tumbles, Sliding Into Bear Market A few hours after the S&P tumbled over 2.7%, sliding into a bear market for the first time in a decade, Japan’s Nikkei 225 – which had been sliding gradually for the past week – dropped sharply by over 3.2% at the open… … becoming the latest index to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[1750,1849,572,4318],"class_list":["post-41961","post","type-post","status-publish","format-standard","hentry","category-economics","tag-bear-market","tag-financial-markets","tag-nikkei","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/41961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41961"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/41961\/revisions"}],"predecessor-version":[{"id":41962,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/41961\/revisions\/41962"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}