Tomokatsu Mori
Tomokatsu Mori
changed market second sentiment
Market sentiment changed completely in the second half, triggered by Koizumi's re-election.
banks benefit capital earnings focus future increasing indication results spending stocks
Earnings are now the focus as results will be an indication of companies' future profitability. Banks will benefit from increasing capital spending and their stocks are still cheap.
betting certainly economic foreign imagine increasing investors market start stocks
The market was so strong, I certainly didn't imagine stocks would surge this much at the start of the year. Foreign investors have been betting on Japan's economic recovery, and that's why they are increasing their holdings of domestic-demand-related stocks.