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Well I suppose that depends on ones believes, for me the market leads the economy(ie predicts the future direction of economy)

It is despite the economy sliding deeper into recession.

The Japanese economy contracted by 1.2 per cent in the final three months of 2001, a worse performance than expected.

Despite that many economists believe that Japan will improve from here on the back of stronger growth in the United States.

That optimism has helped fuel Japan's financial markets.

On the stockmarket, the Nikkei average posted its biggest weekly gain since 1997, jumping 10 per cent.

The yen also strengthened rising around 4 per cent over the week


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