Japan's Nikkei Stock Average surpasses all-time high recorded in 1989

It took only 34 years! Hopefully, better days are ahead for the Japanese economy.

"Japan's benchmark Nikkei Stock Average reached 38,924.88 during the trading session on Thursday, surpassing the all-time high of 38,915.87 set Dec. 29, 1989, just before Japan's economic bubble burst.

The surge signals a possible end to the country's so-called lost decades."

Japan's Nikkei Stock Average surpasses all-time high recorded in 1989 - Nikkei Asia Benchmark index among top performers for major stock markets since last year