See tomorrow morning's video for more details ☀️

These kinds of rises are often fragile.

During a downgrade, it's risky to touch stocks, while bonds and gold go up.

Exchange rate
The dollar has been stable against major currencies.
Although the CPI growth rate compared to the previous year slightly decelerated, the Federal Reserve's monetary policy outlook was not clearly indicated.
　
⚫ Voice from the market
It was not indicated whether the Federal Reserve Board needs to cut interest rates quickly.
Observations on future volatility tend to decrease.
　
- Bond.
Yields have decreased.
Concerns about inflationary pressures in the american being alleviated has led to a sense of reassurance spreading.
　
⚫ Voice from the market
Even though the numbers were as expected, the market reacted because there were expectations of even stronger figures.
It is evident that there is still a long way to go for the FRB to achieve the 2% inflation target.
In addition to concerns surrounding regional bank sectors, if the federal debt ceiling issue is not resolved, the possibility of the FRB temporarily halting rate hikes will increase further.
　
✅Stock
* Various movements
* Confirmation of inflation slowdown led to increased speculation on halting interest rate hikes
* Technology stocks were bought due to low interest rates, but concerns about economic downturn lingered
* FCNCA saw a significant increase as deposit balance exceeded financial estimates
* Alphabet is working on a new language model with conversational artificial intelligence 'Bird', etc...

There are people who are reluctant about US stocks for fear that the yen will appreciate in the future, but exchange rate risks do not affect performance over the long term, so you can ignore them.
For example, there are people who are afraid of exchange rate risks and invest only in Japanese stocks, and Japanese companies that invest in them have exchange rate risks. In fact, export companies, starting with the Japanese manufacturing industry, tend to be weak when the yen appreciates, so it is impossible to escape exchange risk by investing in Japanese stocks.
If you want to completely eliminate exchange risk, you have no choice but to refrain from investing. However, since the value of currency gradually declines over the long term, not investing is also a risk.
In other words, no one can completely eliminate all risks, so I think it would be wiser to ignore exchange rate risks that do not affect performance in the long run and invest in US stocks and emerging market stocks.