The biggest risk for Japanese stocks is the Bank of Japan

I think the immediate risk of US stocks has moved from prices to the presence or absence of a recession. On the other hand, the risk of Japanese stocks poses a huge problem called the Bank of Japan's monetary policy, although of course there is also the issue of the US recession. At any rate, I have no idea if they will raise interest rates or not. The Liberal Democratic Party member, who was demanding interest rate hikes with a dodgy face, is now pretending to be dead. I don't think so, but I can even see that the Bank of Japan will cut interest rates quickly. I want the Bank of Japan to show a clear direction regarding the direction of interest rates.