It's still hard to see where the growth is going to come from.
More Quotes from Hideaki Kurimoto:
Good news from the U.S. is pushing shares at home higher. What's driving foreign investors is the view deflation may soon end and foreign buying will probably continue.Hideaki Kurimoto
It's inevitable that the surge in oil prices we're seeing now will eventually affect growth. The production report does raise concern that a recovery will be delayed a bit.
Hideaki Kurimoto
The price was expensive and the decision to raise it 23 percent came as a surprise. The sale took place when most investors had already added sufficient banking stocks to their portfolios so they don't have strong reasons for buying.
Hideaki Kurimoto
Money is gathering into the real-estate business. The trend will help boost profits of property companies and banks.
Hideaki Kurimoto
Banks' earnings reaffirmed that Japan's economic fundamentals are strong. Selling by overseas investors may continue for another month or so and that is limiting the gains.
Hideaki Kurimoto
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