Berkshire Hathaway, the investment and insurance company led by famous American investor Warren Buffett, announced on the 4th that its cash on hand has reached a record high of $157.2 billion (approximately 23 trillion yen). In addition to rising interest rates, the lack of meaningful deals for Buffett to put his money into has contributed … Read more
The extremely strong performance of U.S. stocks over the past decade is unlikely to be repeated over the next decade, said Peter Oppenheimer, chief global equity strategist at Goldman Sachs Group. Oppenheimer said in a note that the strong stock performance partly reflects America’s leadership in technology and the market dominance of a handful of … Read more
The Israeli military is increasing its ground operations in Gaza, a military spokesperson said. Internet and phone connections have been lost in Gaza, and Israel has stepped up airstrikes. Qatari satellite television station Al Jazeera reported that Qatar-mediated negotiations between Israel and Hamas to reach a ceasefire agreement and hostage exchange deal are progressing “rapidly.” … Read more
In the US bond market on the 23rd, the yield on the 10-year Treasury note briefly exceeded 5%, reaching its highest level in 16 years. This is a level that was hardly expected during the long period of ultra-low interest rates that followed the financial crisis. Yields have since fallen sharply, likely as investors exit … Read more
Traders in the world’s financial markets are bracing themselves for volatile market fluctuations. Continuing conflict in the Middle East has increased demand for haven assets and forced investors to rethink the outlook for global interest rates. In the foreign exchange market, attention will likely be focused on movements in the US dollar, Japanese yen, and … Read more
On the 10th, US stock prices continued to rise for the third consecutive day. US bond yields fell. The comments from US financial officials have led to speculation that the Federal Open Market Committee (FOMC) is heading for another pause in interest rate hikes. New York crude oil futures fell. The day before, it had … Read more
In the US financial market on the 9th, stock prices continued to rise. Comments from multiple US financial officials have strengthened expectations that further interest rate hikes will be postponed this year. Crude oil futures prices soared as fears of an escalation of fighting grew following a surprise attack on Israel by the Islamic group … Read more
The Federal Open Market Committee (FOMC) is likely to be inclined to raise interest rates again by the end of the year, as the number of non-farm employees in the US employment report was significantly higher than expected. The number of employees in September increased by 336,000 from the previous month, and the figures for … Read more
Ellen Zentner, Morgan Stanley’s chief U.S. economist, said of the Federal Reserve’s policy of raising interest rates to curb inflation: “We strongly believe that the authorities have done their job here, but they don’t want to leave the door open.” ” he pointed out. Zentner joined the podcast “What Goes Up” to discuss last week’s … Read more
Former U.S. Treasury Secretary Summers said policymakers were too optimistic about the latest economic forecasts from the Federal Open Market Committee (FOMC). He expressed caution that both inflation and growth may slow faster than officials expected. Summers said in an interview on Bloomberg Television’s “Wall Street Week” that the U.S. Federal Reserve is “way too … Read more