All the good news about economic reports has already been discounted in share prices. The market is at quite a high level. |
Earnings growth seems to be intact, and with U.S. risk receding, it should help stocks to trade higher from here. |
Inventory levels for steel products are now getting high and suppliers are facing falling prices. |
Inventory levels for steel products are now getting high and suppliers are facing falling prices. The indexes have risen much faster than I anticipated and I still think the pace is too fast given the prospects for corporate earnings. |
Less-than-expected household spending is a big concern. People are speculating that domestic-demand shares will benefit from strengthening purchasing power, but the reality is still shaky. |
The Tokyo exchange's system is too vulnerable for the world's second biggest bourse. |