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After soaring through the pandemic thanks to super-low interest rates and a surge in demand from suddenly homebound customers, they’ve been struggling over the last year as the Fed has sharply raised rates.
Source: https://japantoday.com/category/business/asian-shares-rise-track-wall-st-gains-as-earnings-ramp-up
“But prices are still very good, and economists see little possibility that we’ll get super-low rates again anywhere in the near term.”