April 23, 2019 14:10: The market is basically contrary by nature! [From Tomoaki Sugimurafumi's newsletter]
From the investment newsletter by Tomo Sugi Mura (Tomou Sugimura) provided by GogoJungle, here is a small excerpt from what was delivered today.
Recently, the Brazil Bovespa Index, the India SENSEX 30 Index, and even the Philadelphia Semiconductor Index (SOX) have all reached record highs one after another. Does this indicate that the feared global economic bottoming out (the appearance of a depression-like situation) that was discussed around October to December last year has been avoided? China’s industrial production (manufacturing PMI, etc.) should be improving even further. If so, it would be natural for Japanese stocks, as globally sensitive cyclical stocks, to be reevaluated.
From “Tomosugi Tomo Sugimura Investment Salon” (Tomo Sugimura)quoted.
There had been concerns about deterioration in the world economy, but recently it seems to be recovering. This weekend marks the first-ever 10 consecutive days of holidays, and it may be an opportunity to reassess future investment strategies. (Editorial staff)
