※Translated with Notion AI. (Plus version)
The stock market seems to have overcome the Bank of Japan’s negative interest rates and securities salesmen are recommending additional investments, saying, “The Nikkei Average will aim for 44,000-45,000 yen.”
As stock prices continue to hit all-time highs, what information should individual investors trust?
The other day, in a **[contribution by SNOW WHITE (click here)], the reasons why the stock market will continue to be strong in the future were clearly written, and a bullish forecast could be drawn from the current performance of Japanese companies.
The reasoning was a no more, no less explanation.
I had thought about taking profits once we hit all-time highs, but I’ve decided to hold off for now.
This is a ‘grounded’ economic article that I’ve read after a long time.
I also understand because I’ve been on the ground of international finance for over 30 years, including overseas assignments at one of the world’s leading investment banks, but most of Japan’s investment information is impressionistic without a ‘basis’.
Most of it either stokes the rise in the stock market or rings the alarm bell that dangerous waters have been reached.
Why is that?
