Many people believe that the Bank of Japan will not raise interest rates. However, BOJ officials have consistently stated that they are not saying 'we will not raise interest rates' or 'we will lower interest rates'. There is no macroeconomic rationale behind it. Somehow, the BOJ is trying to raise interest rates (and even insists that the neutral interest rate is 1%). Forget about fundamentals. It has already been proven that they raised interest rates in July when the supply-demand gap was negative. The people in the financial village want to raise interest rates because they want to. So what should you do? There is no need to buy Japanese stocks while fearing the BOJ's interest rate hike. Now that the yen is strong, shouldn't you buy overseas stocks or assets? If the Ministry of Finance, BOJ, and LDP want a strong yen, so be it. Shouldn't you invest in countries that grow more or countries with clearer monetary policies?