As usual, the docket is full and the risks are multiplying.
Now we’ll see if this is enough to propel the Nikkei to a 15th consecutive winning session.
Constitutional changes, here we come…
Records, like rules, were made to be broken and the Nikkei is one session away from breaking a record.
“These policies, which are also being followed by the other world central banks, will lead to disaster.”
If you were looking for clarity on anything, today was most assuredly not your day.
Oh, boy. Try to wrap your head around all of this.
“It seems like everyone is all bulled up on America. Well, sold to them. I am more interested in buying the quiet rising market which everyone is skeptical of, rather than the frothy expensive one that everyone loves.”
“… because the idea that what you see in that chart has nothing to do with what you see in the two charts below is clearly ridiculous.”
Another day, another…
“The prime minister plans to instruct related ministers to announce 2 trillion yen of new economic measures within the year after announcing the change in consumption tax increase at the economic and fiscal advisory council on the 25th.”
“Either way, you gotta be super smart to run a country and sell vol. buddy, okay? It’s not easy.”
“What more could a Japanese equity bull want?”
We would respectfully disagree with that assessment. Just because you didn’t aim your missiles at something new doesn’t mean firing missiles isn’t an “escalation.” That’s like saying that if I rob my neighbor once and he warns me not to do it again, it’s not an “escalation” if I rob him a second time as long as I break in through the same door.