Kayo Kyoku Plus: Japan's Nikkei Index Goes Beyond 40,000 Points for the First Time!

"Happy Days Are Here Again" is an American standard that's been around since it first made its appearance in 1929 according to Wikipedia. Lots of interpretations have been done of it in its first century but the one that I've been most familiar with is the one by the Norman Luboff Choir that was a track on my parents' copy of "50 Years Of Hits In Stereo", the 5-LP set that we got with our RCA stereo. It's about as happy a version as I've ever heard from the Normal Luboff Choir which I usually associate with some of the more melancholy takes of standards. But here, the original by Milton Ager and Jack Yellen is given that 60s mambo-tinged martini-friendly lounge music touch which probably cheered up a lot of listeners (the vodka helped out, too, obviously).🍸

Well, as I've noted in the byline, I've watched the NHK coverage and read the "Japan Times" article "Japan's Nikkei index surpasses 40,000 points for first time", and the media has suddenly grabbed that old footage of the Bubble Boom era of the late 1980s in the nation. To be specific, the index closed today at 40,109.23 points. Is it time to be saying that happy days are here again in Japan? Hmmm...I'm sure stockholders are pretty buoyant along with exporting companies, and certainly depending on the country, tourists will be making their reservations for Japan. Not sure though about importers, Japanese tourists or even those supposed to be going to international conferences from Japan this year.

Mentioning that the mass media has started excavating the scenes of the bubbly times, I'm always going to be thinking about the famous Juliana's in Tokyo with all of those bodicon dancers and their plume fans. Supposedly, this new meteoric rise in the Nikkei is based on something far more stable than was the case in the late 1980s but...tongue-in-cheek...I keep wondering about gold flakes scattered on virtually every dish and million-dollar golf club entry fees once more.

The Nikkei record at the peak of the Bubble Era happened on December 29th 1989 with a close of 38,915.87 points. So I was left thinking about the music that was hot at the time, and strangely enough, I was actually in the nation back on that day...most likely, I was either in Osaka or Wakayama Prefecture with the relatives for the New Year's holidays. I couldn't find anything for that day exactly but I did find something for January 1st 1990 at this site. Therefore as such, here are just a few of the songs from the Top 10 on that auspicious day along with their rankings.

1. Tatsuro Yamashita -- Christmas Eve