15 Quotes by Robert Sasaki
- Author Robert Sasaki
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People were somewhat focused on the trade surplus numbers. Japan is ultimately an exporting country and those exports are getting more expensive.
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- Author Robert Sasaki
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People want to be optimistic, especially dealers who control a lot of stock.
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Our scenario in 1999 is that 10,000 on the Nikkei is a given - 8,000 is possible. We think that if the market goes to 8,000 it's good. It's not going to stay there for very long.
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- Author Robert Sasaki
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We just do not see this economic recovery. Last month was yet another record unemployment level, and land prices continue to fall - and land is the collateral that banks use.
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We expect the market to continue to sell off. The economic news continues to be bad.
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Things were very quiet. The market was (pushed) up by the joint venture between Fuji Bank and Dai-Ichi Kangyo Bank. That was all it needed.
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It was very quiet. There was a lot of confusion over exactly what the government is talking about in terms of whether they are going to start cutting taxes.
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People really have to take a step back and look at what happened in Hong Kong and Japan in December. Some of the big names were up as much as 150 percent.
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A lot of people are really focused on the currency. Most people are fairly relieved. It has been said that the breakeven for most Japanese exporters is around 110 to 112 yen.
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