On the 10th, in the New York financial market, the Nasdaq stock index, which has many tech-related stocks, and the S&P 500 stock index, which is calculated based on the stock prices of 500 major companies, both hit new highs, against the backdrop of widespread speculation that the Federal Reserve Board will cut interest rates as early as September.
Meanwhile, the yen weakened to the upper 161 yen range per dollar.
On the New York stock market on the 10th, Fed Chairman Powell indicated in his testimony before the House of Representatives that he believes the inflation rate is falling, leading to widespread speculation that the Fed will cut interest rates as early as September.
As a result, buying orders were placed for tech-related stocks and other stocks due to expectations for the future of the economy, and both the Nasdaq stock index and the S&P 500 stock index rose, hitting new highs.
The Nasdaq stock index and the S&P 500 stock index have both risen for seven consecutive business days. Meanwhile, the yen has been gradually weakening in the New York foreign exchange market, dropping to the upper 161 yen range against the dollar at one point.
Market participants say, “Despite widespread speculation that the Fed will cut interest rates soon, the yen’s depreciation has not been halted as the interest rate gap between Japan and the US is expected to continue for the time being. Investors are paying close attention to the US consumer price index to be announced on the 11th.”
My Nasdaq has tripled, which is amazing. I’m afraid of a crash, so I’m regularly taking 1 million yen in profits every month, but the rate at which it’s increasing is so fast that it never goes down.
>>4 Even if there is a market crash, it won’t drop by 80%, right? Even during Lehman Brothers it was only 15%. Nowadays, everyone is buying in anticipation of a market crash.
>>6 The yen is weak, so the dollar is strong. If you buy it for 161 yen, even if you make a profit in dollars, it’s entirely possible that you’ll incur an exchange loss.
I don’t think there are any investors who are so worried that they won’t sell when the price drops, but when the AI decides to sell all at once, there will probably be a crash.
I still have a lot of growth slots left, so if they go up too much I’ll hesitate to buy them. I should have bought them all at once at the beginning of the year.
I’d like to do it, but I don’t have the knowledge or interest in investing. However, I’m walking a tightrope between China and the US, so I think Japanese stocks are fine.
>>36 NISA is a long-term investment plan. Japan’s economy will shrink due to population decline and aging, so the yen is likely to weaken even further in the future.
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