27 Quotes by Toshihiko Matsuno
- Author Toshihiko Matsuno
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This is typical market behavior right before official book-closings, ... We're seeing institutional investors selling cross-held shares and taking profits, while some are staying on the sidelines.
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The numbers weren't that big a surprise. It's just that investors are very cautious about high-techs at the moment and sensitive to anything that sounds negative,
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The Wall Street tumble was pretty much within the range of our expectations. But Tokyo's gain could be just a one-time phenomenon,
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The (U.S.) jobs data is weighing on the market.
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In addition, the market has risen steadily as of late, so I think investors were hoping to see a correction at some point. In a sense, the jobs data became an excuse for the correction.
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The market's relieved that the Fed rate hike is over with no negative surprises. Then again, there were no positive surprises either.
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The market's power is limited right now and I think it's safe to assume that tomorrow's CPI data is the reason for that.
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The market's interest in millennium-related stocks is also supporting such shares . Other sectors aren't looking that exciting at the moment.
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The market's been hoping the Fed will announce a shift toward a neutral bias (towards future interest-rate changes), which could help the U.S. market recover.
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