Capital Flows and Asset MarketsJAPAN AND THE CYCLE0:00Current time: 0:00 / Total time: -10:11-10:11Paid episodeThe full episode is only available to paid subscribers of Capital Flows and Asset MarketsSubscribe to listenJAPAN AND THE CYCLEAre we at the top of the cycle - and does it even matter?Russell ClarkNov 11, 2026∙ Paid1321ShareSubscribeRecent movement in markets have indicated we may be at the top of the cycle. Is that true, and does it even matter anymore? You may ask, what is the cycle? Well the basic investment cycle is that…This post is for paid subscribersSubscribeAlready a paid subscriber? Sign inCapital Flows and Asset MarketsExplaining how capital flows and asset markets workExplaining how capital flows and asset markets workSubscribeListen onSubstack AppRSS FeedAppears in episodeRussell ClarkRecent EpisodesASIA LEADS THE US - SOFTBANK SPECIALNov 11 • Russell ClarkASIA LEADS THE US Nov 10 • Russell ClarkHOW TO SURVIVE A BEAR MARKETNov 9 • Russell ClarkWAS THE JGB MARKET JUST FOLLOWING THE AI BOOM?Nov 8 • Russell ClarkWHAT PUTS THE FEAR OF GOD INTO MENov 6 • Russell ClarkINTO THE DARKNESSNov 6 • Russell ClarkGLT/TLT AND DUMMYMANDERINGNov 5 • Russell Clark