This calls for an interest rate cut.

I think the current interest rate hike is the right decision. There was quite a bit of pain, but if interest rates were not raised, the depreciation of the yen progressed to 170 yen, making prices even higher. However, the timing is delicate. I think it would have been nice if we had let them smell interest rate hikes in advance around June since it was before August, when stock prices tend to drop.

On the 6th of January, the Japanese stock market rebounded significantly in response to the historic decline on the 5th, with the Nikkei average up by 10.23% and the TOPIX up by 9.30%.The Nikkei average, which had experienced its largest decline ever the previous day (4,451.28 yen), turned around and recorded its largest increase ever (3,217.04 yen).This was due to a rebound from the decline on the 5th, as well as the reversal of the yen's depreciation, and the US non-manufacturing ISM index for July coming in above market expectations at 51.4, which eased concerns about economic slowdown.
Some investors viewed it as a 'bargain sale'.
Regarding the volatile movement of Japanese stocks, a trader from a domestic asset management company said, 'Overseas long-term investors saw it as a bargain sale and moved to buy.According to the Nikkei newspaper dated the 6th, it is believed that there is a possibility. In addition, Bloomberg dated the 6th, stated that Eisuke Shimode, Chief Strategist at Resona Asset Management, believes that the exchange rate has settled down and repurchases of Japanese stocks are taking place.It is clear that Japanese stocks are undervalued if there is no change in performance.According to the comment introduced, it seems that many investors consider it an excellent buying opportunity.
Will there be unstable movements for a while?
On the other hand, as mentioned above, Shimode, Chief Strategist...