On the 21st, Microsoft announced that it will fully deploy support functions for AI generation that automatically creates text and images. Switching from conventional trial provision, it will start providing it on the operating system (OS) "Windows 11" on the 26th.

Japan Television acquires Studio Ghibli as a subsidiary

- Policy interest rates remain unchanged.
- Out of the 19 participants in the FOMC, 12 support one more interest rate hike by the end of the year.
- The median forecast suggests that it would be appropriate to lower the FF interest rate to 5.1% by the end of 2024, an upward revision from the previous 4.6% as of June.
- The estimated financial estimates continue to show that the inflation rate is expected to decrease to less than 3% in 2024 and to decrease to 2% in 2026.

The government is promoting the enhancement of asset management in Japan by encouraging entry from overseas. By attracting top fund managers from around the world, they aim to invigorate competition. Following the fundamental expansion and perpetuation of the small amount investment non-taxation system (NISA), this is positioned as the second phase to transform Japan into a country that invests and is invested in.
Prime Minister Fumio Kishida is scheduled to deliver a speech to investors on the afternoon of the 21st during his visit to New York (early morning of the 22nd in Japan). He will declare the enforcement of structural reforms in the asset management industry and call for entry.

ARM continued to decline. Analysts are disgusted that investment decisions have started coverage with a "sell" rating.
The target stock price is set at $46, lower than the IPO price of $51.

●What is NISA?
NISA is a system where transfer gains and dividends, etc. from listed stocks, mutual funds, etc. purchased with an NISA account are exempt from tax.
Originally, individual investors would have to pay 20.315% tax on profits obtained from investments. However, if you invest within a fixed amount of money using an “NISA account,” no tax will be applied to that profit.
● From the current NISA to the new NISA
The new NISA will begin in 2024/1. In response to the transition to the new NISA, the current NISA (general NISA and Tsumitate NISA) will be unified, and in the new NISA, it will be possible to combine “Tsumitate investment quotas” and “growth investment quotas.”
Also, the Junior NISA system will end in 2023.
You can use the new NISA in your name from age 18, and you cannot create an account in your child's name.
● [New NISA] Key points of change
[Point 1] Name change and annual investment limit increase The name will be changed from “Tsumitate NISA” to “Tsumitate Investment Quota” to “Tsumitate Investment Quota” from “General NISA” to “Growth Investment Quota.”
And the maximum investment amount for the current NISA is 400,000 yen per year for Tsumitate NISA and 1.2 million yen per year for general NISA, but in the new NISA, it's over...