The USA has finally entered a rate cut cycle. The rate cut amount is 0.5%."The initial 0.5% rate cut" is the first since the IT bubble and the Lehman shock..
On September 18, when the Federal Reserve Board (FRB) made a substantial rate cut as expected by the market, the S&P500 index rose by 1% immediately after the announcement. However, towards the close, it turned into a selling dominant market sentiment. This was due to Chairman Powell's statement that "50 basis points is not a new pace of rate cuts." Against the backdrop of recession concerns, investors are hoping for continued significant rate cuts. On the next day, September 19, the S&P500 index rebounded by 1.7%, reaching an all-time high. The expectation of avoiding a recession and achieving a soft landing in the U.S. economy became dominant due to the 0.5% "preventive rate cut."
From the trend of the market for 2 days,at present,However,the soft landing scenario is dominantOn the other hand,Concerns about a recession persist.Recent employment statistics are weak, and the US economy experienced a recession after the Federal Reserve's initial significant 0.5% rate cut (in 2001 and 2007), which has become a 'trauma'...

This week's points
Japanese stocks are likely to have nervous price movements this week. In addition to concerns about the US economy, if the yen continues to appreciate, it is likely to weigh on investor sentiment. At the market, “We have passed the central bank meeting, and major US financial results have gone through a round. While there are few events,A week with high volatility while watching exchange rate trendsA voice is heard saying, “It looks like it's going to be.” Meanwhile, the Nikkei Average has fallen by more than 10% from its highest value, and people are becoming aware of the sense of undervaluation. For investors who were late in buying due to the rising market since the beginning of the yearA perfect pushThere are also voices saying, and there are expectations for money inflows from medium- to long-term investors.
Regarding economic indicators, domestically, the Bank of Japan decided to raise interest rates on the 8th“Key Opinions” at the July Monetary Policy MeetingIt will be announced. If the hawkish reception of the market is revised according to the main opinion, there is a possibility that the market price will be boosted. In the US, the July ISM non-manufacturing business climate index was announced on the 5th, and the number of new unemployment insurance claims was announced on the 8th,Check the current state of the economyIt's going to be done. The ISM non-manufacturing market forecast is expected to recover from 51.3 and 48.8 in June to 50, which is the standard value for a good recession. While there are concerns about the future of the US economy...