Positive economic news from the U.S. will send stocks higher at home. Technology stocks may become buying target.
More Quotes from Soichiro Monji:
Gold and oil prices have risen to a level most people weren't expecting, supporting related company shares.Soichiro Monji
Japan's economic revival is finally becoming self-sustaining. That has been the key to investor optimism on Japanese stocks, and I don't expect a let-up any time soon.
Soichiro Monji
Higher rates may dent demand for loans because lending growth in Japan is only just starting to recover.
Soichiro Monji
There's some concern expansion in real estate loans may be curtailed by higher rates. There's a high correlation between banks and real estate stocks.
Soichiro Monji
Foreign interest in Japanese shares, whether it's oil money or otherwise, is very strong.
Soichiro Monji
In the past, I think there had been low expectations for Kyocera's electronics parts business, so I think investors had gradually started to view it as one of the losers in the tech sector. In that sense, these earnings are a positive surprise.
Soichiro Monji
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