June 14, 2019 15:59: External environment remains opaque as ever! Selective bidding/diversification is effective! [From Tomoaki Sugimura’s newsletter]
From the investment newsletter "Sugimura Tomo Investment Salon" by Sugimura Tomo provided by GogoJungle, here is a small excerpt from today’s delivery.
Domestically, the July Upper House and House of Representatives elections on the same day have disappeared, and it is said that the consumption tax rate increase in October will proceed as planned. However, the opposition plans to field unified candidates in 32 single-seat constituencies for the Upper House election (a duel between ruling and opposition parties), making the Financial Services Agency’s issue of “retirement funds → 20 million yen required” (pension collapse?) a focal point. The windless late-stage Diet is suddenly becoming tumultuous.
“Sugimura Tomo Investment Salon” (Tomo Sugimura)quoted.
In terms of the world economy, concerns about US-China trade friction persist, and domestically there are many political concerns such as the tax increase, elections, and retirement fund issues. In the stock market, as Mr. Sugimura says, it seems necessary to focus on individual stocks. (Editorial Board)
