Why a once-dominant market guru vanishes | This week's value stock investing (2019/5/11)

There was no basis for the previous rise

The first market trading of the Reiwa era has begun, but it is immediately turbulent. The U.S.-China trade war has not found a solution, and additional tariffs were imposed on the 10th. With concerns about intensifying confrontation,the Nikkei Stock Average fell for the fourth day in a row.

Still, for anyone reading this report, there was no need to panic. Until now, stock prices had been rising on the view that negotiations were progressing smoothly, but as far as I know,there was no basis for that at all. As expected, the cracks have now appeared.

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