Being seen as reform-minded, Koizumi is drawing support among market players. But we don't know much about his concrete economic policy. This will keep the market from staging a runaway rally.
More Quotes from Hiroichi Nishi:
Just when everyone is wondering how long the military action would last and how it would affect the U. S. economy, we are facing the earnings season both in the U. S. and Japan. The wait-and-see mood is palpable.Hiroichi Nishi
The broader market will probably struggle to make any headway today. Investors are likely to focus on companies raising dividends and pick up their shares.
Hiroichi Nishi
The latest data showing that land prices in Tokyo rose for the first time in 15 years has renewed confidence about Japan getting out of a soft patch. There are structural changes to draw in more money.
Hiroichi Nishi
I see the Nikkei well supported above the 18,000 level as there are hopes for buying by newly launched investment trusts, but strong gains are unlikely until after next week's holidays.
Hiroichi Nishi
The stock had been gaining in the days leading up to the business plan, but it still doesn't warrant a buy.
Hiroichi Nishi
There is great optimism that companies will be raising earnings forecasts. Market energy is still there to support prices.
Hiroichi Nishi
Readers Who Like This Quotation Also Like:
Based on Keywords: reform-mindedAny therapist will tell you that when you're ready, you will come out. To be outed means you weren't ready.
Billie Jean King
A person who can write a long letter with ease, cannot write ill.
Jane Austen
I am lucky enough to have Aaron Sorkin write what I have to say.
Allison Janney