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With Gen Z bringing back everything from “Friends” to cassette tapes and Will Smith the most talked-about celebrity of the year, it’s tempting to think everything ‘90s is in right now.

In financial markets this week, analogies with 1998 have become ubiquitous as the yen has buckled, increasing speculation Japan will have to intervene to strengthen its currency for the first time since Madonna topped the charts with “Frozen.”

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