$NEXT FUNDS Nikkei 225 ETF (1321.JP)$
This is the market's response to the government's interference with the Bank of Japan and therefore Mr. Ueda's actions.
Mr. Ueda, compared to Mr. Powell's response, will go down in history.
Where is the dementia that raises interest rates in the midst of negative GDP and negative real wages, and even claims that it will continue to raise them?

In a year boosted by AI advancements and rate cut expectations, the S&P 500 entered a bull market, with the "Magnificent Seven" ( $Apple (AAPL.US)$ , $Microsoft (MSFT.US)$ , $Alphabet-C (GOOG.US)$ , $Amazon (AMZN.US)$ , $NVIDIA (NVDA.US)$ , $Tesla (TSLA.US)$ , and $Meta Platforms (META.US)$ ) representing over 20% of the index's weight, acting as the driving force behind the U.S. stock surge. Without the "Magnificent...

✅ The Bank of Japan immediately intervened in the government bond market. When 10-year government bond yields rose above 0.6%, the Bank of Japan immediately carried out a temporary operation to buy 300 billion yen of government bonds. By adhering to the mitigation route, #ドル円 quickly depreciated the yen. It continues to rise even now. Restraint is necessary to protect YCC. But the yen will depreciate. That's it.