The resistance is heavy on the upside...
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Now, the theme this time isMarket Impressions.
The Japanese stock market on the 4th has already fallen back.
Although it had risen by about 100 yen in last night's night trading, once it entered the Tokyo market, it has already dropped by about 100 yen.
Indeed, the reason is the uncertainty about the global economy.
★ U.S.-China trade war
★ Emerging market currency concerns
★ Turmoil in South America
★ North Korea issues
★ Trump presidential scandal
★ Escalation of geopolitical risks
★ Global abnormal weather
★ Concerns about consumption tax increase
and so on.
The number of unstable factors is increasing rapidly.At this stage, the PER (price-earnings ratio) is high, meaning it is difficult to expect future growth.
Although the forecast PBR is 1.21x, suggesting a solid bottom, sudden declines require caution.
Note) The above reflects my own views and aims solely to improve financial literacy. It is not created for investment solicitation. Also, while the blog's content is based on data from reliable sources, the administrator does not guarantee its accuracy. Please make actual investment decisions at your own risk.
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