Welcome to the DC Today, your daily market synopsis of the Dividing Cafe, brought to you every Monday through Thursday to bring you up-to-date information and perspective on financial markets.

Well, hello and welcome to the Monday edition of the DC today. I'm recording from our conference room here in Nashville,

Tennessee at the TBG offices here where I will be working all week.

Quite a few meetings scheduled, time with our team out here, client meetings, and a couple

speaking engagements, all the fun things that I often do with the different

cities that the Bonson Group is located. The markets today, kind of interesting, the futures

had opened down last night a bit and got a little better throughout the evening, opened this

morning up.

They had improved overnight.

And then you ended up with an S&P 500 on the day that was dead, dead, dead flat,

a NASDAQ that was up, half a percent, and a Dow that was down about 140 points,

not that much less than half a percent on a percentage basis.

So kind of different stories throughout different market indices.

One of the things that not a lot of people are talking about, but I'm seeing more of

and within kind of deeper financial circles is getting some discussion is Japan's market, you know,

the Niki is up 20% in the last seven months that brought the Niki back to a level that

hadn't been since 1990, a 33 year high.

And yet it's still, you know, what is that about, 8,000 points from its all-time high from

late December, 1989, the bubble of all bubbles. So on one hand, you've seen quite a bit of

price recovery. And of course, the question is, you know, you've had these head fakes in the past.

The question is, is it sustainable?

And the thing that people have always been waiting on is multiple expansion to come back.

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