Rather than fiscal intervention, substantial appreciation of the yen if bond issuance is tightened.
$USD/JPY (USDJPY.FX)$The current appreciation of the yen feels like money flowing into bonds due to the uncertainty of export restrictions and easing specifics, fiscal hawkish personnel, leading to narrowing interest rate differentials and yen appreciation. Looking ahead, the fiscal intervention promised by the newly elected officials to cover it with tariffs to compress payment interest and reduce issuance rather than increase printing will definitely lead to lower interest rates and yen appreciation. Prepared for inflation, reduced imports with tariffs, domestic corporate growth, reduced bond issuance and lower interest rates leading to yen appreciation shift, the manufacturing sector and export-related companies will profit greatly, ensuring a solid trade surplus. With this approach, there's no need to forcefully adjust policy interest rates, killing two birds with one stone^_^ Just need to do it well enough to prevent excessive inflation. Hmm, yen appreciation can really progress. Though it's tough for those holding U.S. stocks in yen, if it drops below 135 yen, you can buy more than 10% extra, and if the performance is excellent, isn't it good to think it will increase by more than 10%? Well, there's no other way to think (๑>◡<๑).
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NAS100メイン。SOX切捨て利確済。債券ETFは9月に完全売却で当面入らない。トランプETFは金融、防衛宇宙・公益インフラに本気！
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