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Opinion

Japan stocks rally faces Wile E. Coyote moment in COVID-19 era

Prime Minister Suga seems oddly absent as 2021 challenges mount

| Japan
A monitor shows Nikkei Stock Average at a dealing room in Tokyo on Jan. 21: there is a financial funhouse mirror at play.   © Reuters

William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."

By at least one measure, Yoshihide Suga's 141-day premiership has been a roaring success: a stock rally capturing global attention.

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