A versatile FISCO Corporate Research Reporter's All-Purpose Column: Mabuchi's Eye | Episode 3 Keeping funds on hand and restructuring the portfolio [Mariko Mabuchi]

Mariko Mabuchi Profile

Mabuchi Mariko. 7 years in investing. During the early days of Abenomics, she was entrusted with asset management at a company, then after three years as a full-time trader, became a corporate research reporter for Fisco. She currently also handles marketing at Japan Cloud Capital. She graduated from Doshisha University Faculty of Law and earned a Master's in Public Policy from Kyoto University Graduate School of Public Policy. She was Miss Doshisha in college.

Official Blog:https://ameblo.jp/mabuchi-mariko/
Twitter:https://twitter.com/marikomabuchi

※This article is a reprint/edit of an article from FX攻略.com, June 2020 issue. Please note that the market information written in the text may differ from current market conditions.

With a violent stock price decline, the U.S. VIX (fear index) surpassed 80 points, signaling awareness of a crisis akin to Lehman Brothers. The global pandemic caused by the novel coronavirus became a reality, and as governments imposed travel restrictions, border closures, and cancellations of various events, human movement slowed, making a global recession increasingly likely.

Nearly all risk assets such as stocks, bonds, gold, and crude oil were sold off, accelerating cash preservation. As demand for the dollar, the world’s primary currency, strengthened, the dollar rose and the yen weakened, a move described as the “ultimate risk aversion” (as of March 20, 2020).

Facing this unprecedented crisis, more investors are keeping funds on hand within a volatile market and timing their entry. Now may be a good time to reset and rebuild your own investment portfolio.