Investing in Japan

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Nikkei Down Slightly, Holds 18,000, Yen Rises

June 6th, 2007 · No Comments

* Nikkei 225 Stock Average: -12.88 (-0.1%) to 18,040.93; First decline in five trading sessions
* Nikkei 225 futures Osaka: -10 (-0.06%) to 18,040
* TOPIX 1st Section: +1.94 (+0.1%) to 1,778.50; Advancers 685 x decliners 929 (unchanged 118), new highs 94 x new lows 21
* JASDAQ: +0.16 (+0.2%) to 81.21

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Tags: Market Summary

Rising Global Interest Rates to Hurt Stocks?

June 6th, 2007 · No Comments

A Bloomberg story ahead of market action in Asia on Wednesday suggested as much. Bond yields are becoming increasingly attractive and could prompt changes in portfolio / fund allocations.
The yen strengthened against the US$; JGBs (Japanese government bonds) are now at 11-month highs, while 2-year U.S. treasuries hit 5% for the first time since August, […]

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Tags: General

Latest AAII Individual Investor Survey: Bearishness Jumps

June 6th, 2007 · No Comments

FYI, see the chart below for the latest American Association of Individual Investors [AAII] survey released 6/4, dated 5/31. Note last week’s readings were: Bullish: 38.39%, Neutral: 25.00%, Bearish: 36.61%.

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Tags: General

Jesper Koll Says Sayonara to Merrill Lynch, To Start Own Investment Firm

June 6th, 2007 · No Comments

All I can say is I hope he still provides market commentary from time to time. It has been great having Koll chime in on such a frequent basis over the years.
Koll told Bloomberg he’d make an announcement about his future plans in a few days.
I wonder if it’s safe to assume Kathy Matsui, his […]

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Tags: General