Norihiro Fujito
Norihiro Fujito
economy economy-and-economics focal outlook point
The outlook for the economy will become a focal point this week.
boost drop expect higher moves shares steep volatile
I expect some volatile moves this week, especially with the steep drop in U.S. shares. Oil-related shares may get a boost on the back of higher commodities prices.
dollar falling flowing major money stocks weakness
It's not just the weakness in U.S. stocks this time. The dollar is falling (against major currencies) at the same time, and money is flowing out of the U.S..
contrast domestic driven estate high lead rally stocks taking
In contrast to the year-end rally here driven by real estate and other domestic plays, taking a lead now are stocks which have a high correlation with the Nasdaq market.
actively companies electric money poured
They have actively poured their money into blue-chip companies here such as Honda, Toyota, Matsushita Electric and Canon.
generally market next outlook positive
I'm generally positive about the market outlook next year, too.
foreigners profits
It is understandable that foreigners want to take profits for now.
accounting crossed external general hurdle japanese market pressures problems seem
The accounting problems in the U.S. seem to have crossed a significant hurdle on Wednesday, and the external pressures on the Japanese market in general have probably peaked.
borrowing concerned costs economic higher housing japanese lead market money overseas pull shrinking
Higher borrowing costs will lead to a shrinking housing market and a slowdown in the U.S. economy. Overseas investors, being concerned about the U.S. economic outlook, will pull their money out of the Japanese market.
companies earnings focus starting struggling suffer technology
We're starting to see some companies that are struggling significantly in the technology industry. With earnings being in focus this week, they may suffer selling.
biggest buying concern evidence foreign investors japan oil price reluctant risk starting
We're starting to see some evidence of slowdown in the U.S., which is going to be a risk for us. The biggest concern is the oil price and foreign investors who have been buying Japan may be reluctant to buy from here.
change country investment japanese looks seen stance trend
We've seen a change in the trend of foreigners' investment stance on Japanese shares. It looks like a change in country allocation.