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Topix stock index ends at 30-year high on news that Suga is resigning

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They must smell stimulus, gibs to be promised in the general election

5 ( +6 / -1 )

You know you were a useless PM when news of your resignation sends the markets up

4 ( +9 / -5 )

Topix stock index ends at 30-year high on news that Suga is resigning

That has got to sting.

6 ( +8 / -2 )

Buy Dentsu NOW!

-2 ( +1 / -3 )

So it's not just the expats here showing their dissatisfaction with Suga but the whole Japanese business world couldn't see the light at the tunnel with this useless captain steering the country.

4 ( +6 / -2 )

Very good news for the economy bad for suga

1 ( +2 / -1 )

Pretty much the vote of no confidence he never got in the Diet.

-1 ( +0 / -1 )

What an exit…

0 ( +0 / -0 )

Oh, please! The world's major indices have been surging all year long. This has absolutely nothing to do with Suga deciding to resign.

https://www.investing.com/indices/major-indices

0 ( +3 / -3 )

Maki Sawada, a strategist in Nomura Securities Co.'s investment content department, said high expectations for fresh economic measures against the coronavirus fallout boosted shares sensitive to domestic demand.

The worst indicator for the public. Japan Inc. has high expectations of another generous dump of taxpayer funded feed into their trough. That is what the "news" of Suga's resignation and a new PM mean.

1 ( +2 / -1 )

And how exactly will the working-class Japanese benefit? Will suicide rates become less than Covid related deaths? Only time will tell…

1 ( +3 / -2 )

High expectations for counter measures and fallout boosted shares.

Implemented anti - coronovirus measures.

0 ( +1 / -1 )

I am of no mind to put my money in broad based Japanese stock indexes but I thought it was interesting that the Topix hit a 30 year high, whereas the narrower Nikkei has been dragging its feet lately, relative to repeated new all time highs in foreign indices.

2 ( +3 / -1 )

Get rid of these old, out of touch, passive politicians and Japan. Otherwise, Japan’s future is bleak.

0 ( +1 / -1 )

It's just that the leftists and the media are giving him a bad rap, but most Japanese people appreciate the fact that Mr. Suga served as prime minister during a difficult time. The Suga administration has lowered cell phone rates, secured enough vaccines, and held the Olympics.

1 ( +1 / -0 )

Well, I guess the rest of the business owners who couldn't get their business going due to the emergency restrictions will be happy about this.

0 ( +0 / -0 )

most Japanese people appreciate the fact that Mr. Suga served as prime minister during a difficult time

Then why are his approval ratings so low?

1 ( +1 / -0 )

Then why are his approval ratings so low?

I believe that the results of approval rating questionnaires do not necessarily coincide with the evaluation of the administration.

In fact, the results of individual detailed questionnaires, such as the one on the government's response to Corona, are not that serious.

In the case of the administration's evaluation, I believe that the overall evaluation, which is a compilation of detailed questionnaires, is closer.

I believe that the question of whether one supports the administration tends to be more myopic than the question of how one evaluates the administration.

1 ( +1 / -0 )

I believe that the question of whether one supports the regime tends to elicit more myopic answers than the question of how one evaluates the regime.

1 ( +1 / -0 )

Bring it on! Warren Buffet just made even more yen. It was reported last week his Japan investments were up 2 billion after his 6 billion dollar investment one year earlier.

A US fund manager was on Bloomberg about a week ago saying they're putting money into Japan, as monetary and fiscal tightening ain't gonna happen here anytime soon.

Glad I got into the Japan market six years ago.

0 ( +0 / -0 )

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