Expectations are growing that the 2024 Nikkei Stock Average will hit a record high (38,915 yen) in 1989/12. The year 23 hit a high for the first time in 33 years, and many securities company strategists and analysts expect that Japanese stocks, which had the highest performance in Asia, will continue to perform well for 24 years.
When compared according to the Chinese zodiac, 24 is the year of the dragon where stock prices have risen the most since 1950, and attention is being paid to whether it will be the “Tatsumi ceiling” as the saying goes. Forecasts by securities company strategists and analysts, as reported in the Nihon Keizai Shimbun and Bloomberg, have been compiled.
What sectors do analysts recommend?
The following recommended sectors have been cited by securities company analysts who anticipate a rise in Japanese stocks in '24.
Will inflation with rising wages continue in the domestic economy?
Nomura Securities Chief Equity Strategist Ikeda Yunosuke and his colleagues said”Expectations for overcoming deflation again during the Spring Battle have increased, and the rise seems to intensify in the first half of 24 with fixed tax cuts of 5 trillion yen and a fixed consumption boost due to benefits scheduled to be implemented by the government in June” I anticipate (11/20 Bull...

At least nine members of Congress sold banking stocks before and during market turmoil last month, including a member of the House financial services committee who sold Silicon Valley Bank stock before it failed.
New Jersey Democrat and financial services committee member Josh Gottheimer disclosed the sale of shares in Silicon Valley Bank (SVB) on March 9.
The sale, valued between $1,000 and $15,000, was made just before...