In contrast to the year-end rally here driven by real estate and other domestic plays, taking a lead now are stocks which have a high correlation with the Nasdaq market.
More Quotes from Norihiro Fujito:
It's not just the weakness in U.S. stocks this time. The dollar is falling (against major currencies) at the same time, and money is flowing out of the U.S..Norihiro Fujito
The yen's pullback against the dollar appeared to prompt some investors to chase bargains in the high-technology sector. This helped lift the tech-heavy Nikkei index.
Norihiro Fujito
They have actively poured their money into blue-chip companies here such as Honda, Toyota, Matsushita Electric and Canon.
Norihiro Fujito
We're starting to see some evidence of slowdown in the U.S., which is going to be a risk for us. The biggest concern is the oil price and foreign investors who have been buying Japan may be reluctant to buy from here.
Norihiro Fujito
Sony's results led the market today. The surprisingly upbeat numbers gave the market its strong upward impetus, raising hopes for better-than-expected results from other companies.
Norihiro Fujito
We're starting to see some companies that are struggling significantly in the technology industry. With earnings being in focus this week, they may suffer selling.
Norihiro Fujito
Readers Who Like This Quotation Also Like:
A changeling is one child substituted for another. I couldn't find anything more apt. We had to kind of fight that supernatural element in the publicity, and I offered to try and find another title, but Clint liked it, and it stayed.J. Michael Straczynski
There is something about the Australian psyche that seems to like films that are slightly offbeat.
Nick Park
If there is a gay uniform, the differences are in how each man coordinates the details: the brand and cut of the jeans, the design of belts and boots, the haircut, the number and size of earrings.
Lance Loud