The Bank of Japan will consider completely suspending new purchases of exchange-traded funds (ETFs), which it has continued to do since 2010, when it reaches its 2% inflation target and begins to normalize policy. This was revealed through interviews with multiple parties involved. According to people familiar with the matter, with the stock market hovering … Read more
In order to improve public safety on the New York City subway system, Governor Hoechl of New York State announced a plan to mobilize 750 National Guard troops to stations and other areas. The governor is also seeking to amend the law to allow courts to bar people convicted of subway or other violence from … Read more
Are US stocks forming a bubble? The answer depends on who you ask. For Marko Kolanovic, chief market strategist at JPMorgan Chase & Co., the dramatic rise in U.S. stocks and Bitcoin’s rise above $60,000 are signals that the answer is yes. Kolanovic said the rise suggests a buildup of floss in the market, a … Read more
Federal Reserve Chairman Jerome Powell is under increasing pressure this week from both Democrats, who hope to continue the economic boom by cutting interest rates in a year of presidential and congressional elections, and Republicans, who want to withdraw plans to tighten capital requirements for banks. Looks like I’ll have to face it. Chairman Powell … Read more
The revised U.S. real gross domestic product (GDP) for October-December 2023 (fourth quarter) has been revised slightly downward from the preliminary figure. This reflects the downward revision of inventory. On the other hand, personal consumption and capital investment were revised upward. Key Point The revised U.S. real gross domestic product (GDP) increased by 3.2% annually … Read more
Commodity Investment Advisors (CTAs) have recently been positioned as “maximum short” from a tactical standpoint, but futures data suggests an unwinding may be underway. This leaves U.S. Treasuries exposed to short-term upside risk from short covering. Hedge funds, CTAs and other leveraged funds are unwinding net short positions across Treasury futures at an aggressive pace, … Read more
The U.S. Financial Authority’s interest rate policy is often described as raising interest rates as an escalator and lowering them as an elevator. However, in this case, the opposite is true, and investors expecting a rapid rate cut may be dissatisfied. Aiming to curb rising inflation, the monetary authorities, led by Federal Reserve Chairman Jerome … Read more
Investors and companies are becoming increasingly wary of the war in the Middle East, which poses a major risk to corporate performance. Sales have fallen due to widespread boycotts in Islamic countries, and attacks on cargo ships in the Red Sea have threatened supply chains. Those headwinds pose a risk to the record rally in … Read more
In the US stock market on the 9th, the S&P 500 stock index rose for the fourth day in a row and exceeded the 5,000 mark for the first time at closing price. Expectations for interest rate cuts and solid corporate performance are pushing up stock prices. Stock closing price change rate from previous business … Read more
American singer Taylor Swift will perform for four days at Tokyo Dome starting on the 7th. Although the economic impact is about twice that of previous Southern All Stars concerts, it is unlikely to generate the same enthusiasm as in the United States, where people are glued to Swift’s every move, which is also driving … Read more