A takeover bid is underscoring prospects for the sector, which has been benefiting from a recovery in consumer spending. |
As long as the BOJ raises interest rates in tandem with the economic recovery, there should be no negative impact on the stock market. |
External factors are out of the market's focus. Investors are now only interested in individual companies' earnings. |
The landscape looks a bit changed after Morgan Stanley's downgrading on Japan last week. |
The market has risen in leaps and bounds in the last two months and one week of correction is not enough. |
The recent set of data came weaker than a market consensus, but the basic trend is that the economic recovery is in progress. |
There are no new incentives. It's just that the investor mood is so good. |