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Goldilocks economy fuels Nikkei's winning streak

Run-up in share prices outpaces underlying earnings amid ample liquidity

Yaskawa Electric produces the "Motoman" robot. The company's stock reached an all-time high Tuesday in Tokyo.   © Reuters

TOKYO -- The Nikkei Stock Average climbed for an 11th straight session Tuesday, benefiting from a business climate that is neither too hot nor too cold. With households and corporations awash in cash, the prevailing view is that the market will continue a gradual ascent.

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