YankeeX comments

B-U-B-B-L-E ! ! !

How about Ueda from the BOJ acknowledging that he might have to raise interest rates to shore up the yen?

The government is fooling no one. Hesitance to raise interest rates is the acknowledgment of an asset bubble resembling the earlier 1990's. Inflation has outstripped any wage hikes over the past three years, hence the terrible stagflation. CPI excludes food and energy so the pain is real.

Stock market /price has never been a clear indicator of the fundamentals of the economy or business. Take a good look at the Nikkei225. Tesla is a revolutionary company, transforming the automotive industry with it's tech and manufacturing prowess. At these levels, its a buying opportunity

China is Japan's biggest trade partner while America is Japan's security partner. Facing two ways so it's not too far off

It's a national security issue. It would raise eyebrows in any country if the largest steel producer was to be acquired by a foreign entity.

Very sad!

Keep on vowing while printing 60 billion USD worth of yen a month to artificially keep your interest rates near zero. Hope it's not anything like 1992

Numbers don't lie. Death of the yen

Blue!!!!!

Good news to hear

Declining demographics and growing debt. A recipe for disaster

Wonder how much tax money Kishida forked over for this ego trip

Japan so desperate to pander to an outgoing president. Sad!

I thought he was a beloved political figure in Shizuoka. Couldn't be anything related to his opposition to the Mag-Leg route running through the prefecture?

The pinnacle of Japan Inc in 2024! All jokes aside, Japan has the best toilets in the world

SME manufacturers must be taking a beating. Wake up BOJ

Importing inflation further worsening the stagflation. MMT in action with hyperinflation on the horizon. BOJ needs to wake up

If you combine the 30 percent on fixed income (nenkin) and the working poor(contract workers), that sound about right Very sad

Otani has a team of people working for him. This most of course includes his finances. Multiple wire transfers equating to 4.5 million would most definitely raise red flags. Excuses like him not understand the US banking system and blah blah is comical. I sincerely hope the evidence clears his name but I know exactly 700 million reasons as to why he might lie.

Japan being so uptight, would benefit from a bit of the green. The trend will only grow as more countries reassesses their stances on alcohol which is far more damaging on every level. Huge percentage of crimes worldwide including Japan, involve alcohol.

You would think such a requirement was already in place. Better late than never.

Will we retest 152 and beyond?

More of the same but in a slightly different shade. Grim outlook for the yen

Hope they can stick it Toyota! Go Honda!

That's sad. Used to be beautiful place with nots of nature a few crowds

I would assume it's because China and Korea were the main victims of the atrocities committed by the Japanese during WW2. Comment of the day comes from someone who clearly has never read up on WW2 history.

Disappointing but no surprise

Families are feeling poor and the economy is vulnerable. Kishida is clueless and was chosen for his status quo stance so there is no surprise. Clinging to it's Showa mentality while the world passes by.

Gives the BOJ the option to unload their massive ETF holdings