※Translated with Notion AI. (Plus version)
In every field, there are professionals, experts who understand the nitty-gritty details.
What happens when an outsider tries to dissect these complexities?
Imagine an announcer interrupting commentary during a professional baseball game.
Wouldn’t they be better off focusing on the game’s progress and seeking insights from the commentator?
Yet, in sports journalism, we see discussions about “manager’s tactics,” “pitcher’s pitching,” and the “batter’s swing.
” Do professional baseball managers and players pay attention to these?
The likely response is, “What do you know, when you haven’t even played the game professionally!” Isn’t that justified?
Finance is no different.
Drawing from my nearly 30 years of experience in global financial institutions, I’d like to be straightforward.
Would professionals, who stake enormous sums and their careers on market trends, heed market predictions written by journalists lacking trading experience? Would they even bother?
The answer is a resounding “NO”.
There is no value in information obtained without understanding the actual scenario.
Journalists strive to convey market happenings to a broad audience as clearly as possible, which is commendable.
However, it crosses a line when journalists themselves start predicting the market or commenting on future risks.
If the general public believes in these, it may lead to victims.
At Seren, Mr. Snow white, a veteran of international finance, has twice raised the alarm in response to reader inquiries.
Article :
Nikkei Newspaper, Please Stop Confusing the World
Why no intervention even at the exchange rate of 153 yen per dollar?
This is not about disparaging specific journalists.
The harsh reality is, you can’t comprehend the international financial market just by reading Japanese media.
I question the credibility of information gathering capacity, research capability, and analytical skill.
Question 1:
☞ Why are only Japanese banks and securities companies commenting when the market fluctuates during overseas hours?
☞ Why can’t they accurately convey information from the actual market movers?
