If the United States raises rates broadly, such as past the 5 percent mark, then we would certainly see some damage in Japan, but with the way things are right now, I don't think it is much of a worry.
More Quotes from Hiroyuki Nakai:
Since the U.S. election ended with the expected Bush victory, the market's focus has moved to U.S. corporate earnings and monetary policy there.Hiroyuki Nakai
Stocks were hit by a double-shock of New York plunge and the Nikkei reshuffle. The New York tumble was already factored in, but the reshuffle will continue to hurt the market for the rest of the week.
Hiroyuki Nakai
Share prices rose on the back of the gains on Wall Street overnight.
Hiroyuki Nakai
The fact that there is internal conflict (at Sony) is hardly good for investors' trust.
Hiroyuki Nakai
Local market sentiment was also buoyed by overseas investors, who had placed large net buy orders ahead of the market opening today. This helped prompt retail investors here to step up purchases.
Hiroyuki Nakai
Here, investors are looking ahead to the BOJ meeting and at the end of the week we'll be awaiting U. S. jobs data. With these factors ahead, I don't think stocks will be able to move much at all today.
Hiroyuki Nakai
Readers Who Like This Quotation Also Like:
Based on Topics: Worry QuotesDay after day, I spent long afternoons in the talent pool, being told how to walk, how to talk, how to sit.
Gene Tierney
A show like Knots or any other show that can be called a soap opera does terribly in syndication because if you're a viewer and you miss a week you don't know what's going on.
William Devane
Americans never quit.
Douglas MacArthur