Nikkei

[tsptalk]

European markets have been holding up well, but Japan's Nikkei continues to struggle. Japan currently makes up 24.5% of the I-fund, the largest position with 324 Japanese companies in the fund.

[Bullitt]

The announcement that the Tokyo Olympics will allow 10,000 spectators isn't weighing very well on their markets. That number doesn't include the corporate sponsors and VIP guests. Japan has around a 16% vaccination rate which is very low especially considering the Olympics. Some medical experts think opening for spectators is a bad idea since infection rates are relatively high.