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Business

Top Stock Picks to Watch Amid Middle East Tensions in April 2024

by Chief editor of world-today-news.com April 20, 2024

written by Chief editor of world-today-news.com

RAKAN RICERACA Production Director and Chairman Tomokazu Murase

A shift to domestic demand and the value of stocks due to risk aversion

● Irregular decline, to assess the situation in the Middle East

Weekend 19thNikkei stock average ratefell a lot. The decline rate exceeded 1,300 yen at one point, and there were even cases where the price was sold as low as 36,733 yen. Amid concerns about the delay in the start of interest rate cuts in the United States, concerns about rising tensions in the Middle East increased today, and investors became more cautious. Israel has been reported to have launched a retaliatory attack against Iran, and although the details are unknown at this stage, if the attack targets important facilities such as nuclear facilities, there will be further concerns about the conflict worsens, and there is a possibility of active buying and selling.

The sharp decline over the weekend was due to the limited number of market participants as earnings releases were expected to begin in earnest from the second half of next week, and was more likely to impact record sales. goals driven by futures. This is an irregular decline, and while there is likely to be a correction at some point, it looks like we will have to wait and see how the situation in the Middle East develops. The search process changes daily depending on the details of the financial results. Furthermore, in terms of risk containment, the focus is likely to be on domestic demand and the value of stocks.

●“5 stocks to watch” that are expected to perform well

◆ Sumitomo Metal Mine5713> [東証Ｐ]
nickel,goldThe company is involved in the smelting of large non-ferrous metals such as silver and copper. The Hishikari Mine, located in northern Kagoshima Prefecture, is being developed by the company and is known as the only gold mine in Japan that consistently produces high-grade gold. Against the background of the increasingly tense situation in the Middle East, gold, a safe asset, tends to attract attention, and it attracts attention as a related stock. The stock price has been making changes since it peaked at 5,479 yen on April 15, but the 25-day moving average (4,860 yen as of April 19), which is going up, is acting as a line support, and the stance is to focus. to push

◆ Nippon Specialty Ceramic Industry5334> [東証Ｐ]
The main business is the manufacture and sale of car parts such as spark plugs. The company uses ceramic technology to power semiconductorWe are considering the production of ceramic substrates for use in With the electrification of power sources, power semiconductors are responsible for electrical control and exhibit excellent energy saving performance.electric vehicle (EV)It is becoming increasingly important as a key tool that is essential to the business, and growth is expected to be high. Also,All solid batteriesIt is also worth noting that the company is proceeding with the development of next generation battery products. The stock price has fluctuated from its high of 5,362 yen since it was listed on April 12, but it will be interesting to see if it rebounds as it nears the 25-day line ( 5,023 yen), which is a support line.

◆ASICS7936> [東証Ｐ]
sportswear andsports equipmentManufacture and sale of. On April 17, the official wear made by the company that will be worn by the Japanese athletes at award ceremonies and other events at the Paris Olympics and Paralympics was announced. With less than 100 days until the opening of the Olympics in Paris, interest in sports is increasing, and demand for related products and footwear is likely to increase. The stock price peaked at 7,360 yen on April 8, the highest level since it was listed, and since then it has started to decline, and recently it has fallen below the 25-day line. However, the price is approaching the 13-week line (6,183 yen), which is considered a support line, and it is considered time for a reversal.

◆ Toyo Fishing2875> [東証Ｐ]
General food manufacturer. The company mainly handles instant noodles, but also handles low temperature foods such as chilled noodles, processed foods such as cooked rice, seafood products, and refrigeration industries. Currently, sales of instant noodles such as the “MARUCHAN” series are strong overseas. In addition, in Japan, the “ChoiFish” series of frozen seafood that is easy to enjoy as snacks, main dishes, or side dishes with alcoholic beverages seems to be making well The stock price peaked at 9,909 yen, the highest level since listing on March 25, and has been stuck in the 8,800 yen to 9,700 yen range, but the 13-week line (8,772 yen), which has been going up, acting as a support line, the time to approach the same line is the time to focus on pushing.

◆ Sojitz2768> [東証Ｐ]
general trading companyCorner of.Famous US InvestorMr. Warren BuffettBerkshire Hathaway, led byBRK.B> decided on April 18 on the terms of issuing yen-denominated bonds. The total amount issued is 263.3 billion yen, which is the second largest yen bond issued by the company in 2019, and there are growing market expectations for additional investment. the Japanese stock such as trading company stocks. The stock price peaked at 4,122 yen, the highest level since listing on March 27, and then started to change, but now that it has fallen to the 75-day line (3,733 yen), I would like to stand to take by aiming to rebound.

(Diary, April 19, 2024)

Stock tracking news

2024-04-19 23:00:00
#Tha #Tomokazu #Murase #gearradhMargaidh #domhainnShift #domestic #demand #stock #due #risk #aversion #Market #conditions #Stock #research #news

April 20, 2024 0 comments

World

According to Lőrinc Mészáros, it is a misconception that the work is distributed to him

by Chief editor of world-today-news.com April 8, 2024

written by Chief editor of world-today-news.com

After three years, he gave an interview again and became close to the government Indexto Lőrinc Mészáros. One of Hungary’s richest men and Viktor Orbán’s childhood friend asked for the “ultra-liberal, almost communist slogan” that Hungarian entrepreneurs in Hungary “just get the jobs, they hand them out.”

“It’s not true, I’m asking this for myself, but I’m asking it on behalf of all Hungarian entrepreneurs. This is a misconception, a joke, the world does not work as if there is a joystick, and the money spigot is adjusted by who wants how much”

he said.

According to Mészáros, he and Orbán are friends, their friendship is based on trust, but “we are on separate paths, since the Prime Minister has been a politician since 1989, and I have been an entrepreneur since 1992”. Its economic development did not happen in two days, but “I got here with the work of the last 32 years”. “I have gone through all the stages of the entrepreneurial world, as I have been a small, medium and large entrepreneur. There were better and less good periods, but every day I subordinated everything to always being able to get at least one step ahead on my path”.

Orbán and he both work a lot, but their relationship is still relatively “intense”. “We could talk for days about sports, football, our ‘common child’, the Puskás Academy. Of course, family and children are also topics, politics is also discussed, we try to have lunch together when we have time. It’s not easy to get it together, because I have a lot to do, and he has even more.”

Lőrinc Mészáros also spoke about Péter Magyar. “Although he was a member of the supervisory board at our bank, I do not know Péter Magyar personally, nor do I interfere in his affairs. I only knew his name because he was Judit Varga’s ex-husband. He is on the political stage, I live on the economic stage, we have nothing in common. If someone’s topic is me, I don’t take it as an attack, not even in the case of László Pesty, who is otherwise a funny person. Maybe it’s their job to maintain the interest of the public, and for me it’s to make my companies as successful as possible.”

They also asked about his wife, Andrea Várkonyi, about whom he said, “One of my wife’s qualifications is a doctor, and although she has not been working as a doctor for quite some time, health care is close to her heart, she helps me a lot in this, she coordinates our health care businesses.” According to him, he also has useful insights in the field of communication and marketing, “which I always listen to, but since I’ve been in the business world for more than 30 years, he asks me for advice, he listens to me when I tell him what I think about a current situation, a task to be solved, which arises in the businesses he coordinates. We work well, I live in a happy, balanced marriage, which I think is the natural part of it.”

April 8, 2024 0 comments

World

Excuse me! – Lőrinc Mészáros was talking about money taps that do not work with a joystick

by Chief editor of world-today-news.com April 7, 2024

written by Chief editor of world-today-news.com

The founder Lőrinc Mészáros, a large entrepreneur, gives a speech at the VI of the Mészáros Foundation. conference in Balatonalmádi on August 2, 2022 (Photo: MTI/Tamás Vasvári)

The world doesn’t work like you have a joystick and turn the money spigot on who gets how much. I ask this for myself, but I ask it on behalf of all Hungarian entrepreneurs! – the Index advertisement Lőrinc Mészáros will talk about this, among other things, in his interview with the portal, which will be published on Monday. By the way, the Index limited who could comment on the post on the social site.

Update: the interview has since been published, you can read our review of it here.

Hungary’s richest man, Viktor Orbán’s childhood friend, has been rarely in the public eye lately, especially since after all was caught on a gigantic luxury yacht and that, in parallel, documentary filmmaker László Pesty began to refer to the so-called “Lölő phenomenon” as a harmful phenomenon. Mészáros rarely gives interviews in the first place, most recently it became state property for National Sport spoke, the topic was exclusively football. In it, the former mayor of Felcsút talked about, among other things, that the Puskás Academy founded by him and Viktor Orbán would be named “Uncle Öcsi would be proud”. The interview was written by the editor-in-chief of the state sports daily, who used to be a journalist at the Puskás Academy.

He declared already the billionaire for the Index, even in 2021. In this interview, he talked about the fact that many people do not like his “committed right-wing stance” and called it understandable that “the opposition attacks the government through the Mészáros Group and other economic actors connected to the right”. The issue of public procurements won with a political tailwind comes up already in this conversation, Mészáros says about it that „it is a left-liberal misconception that jobs are given to entrepreneurs”.

April 7, 2024 0 comments

Business

The Shocking Truth: Real US Inflation Rate is 18% According to Forbes

by Chief editor of world-today-news.com April 4, 2024

written by Chief editor of world-today-news.com

The real inflation rate in the US is 18%. This data is provided by the authoritative business magazine Forbes. The publication notes that back in 1983, Americans’ expenses on payments on loans of all types were excluded from the formula for calculating the consumer price index in the United States.

In all likelihood, it was no coincidence that American economists took this step. It is beneficial for the US government to underestimate inflation indicators so as not to undermine confidence in the national currency. However, this approach has a direct and very negative impact on the standard of living of ordinary Americans.

The author of the material calculated that in the real consumer price index, more than 25% is the share of payments on mortgage loans excluded from the calculations, another 7% is the share of car loans, which is also not taken into account by the modern methodology for calculating the inflation rate.

Many Americans use credit cards to purchase goods, borrowing from banks for current payments. Payments for this type of loan are also outside the scope of the modern system for calculating the consumer price index. Here it is appropriate to add student loans and a number of other forms of borrowing money

– notes Forbes.

Predicting further developments, the publication emphasizes that the gap between real and official inflation will grow with an increase in public debt, leading to a drop in investor confidence in the US dollar. In this situation, the US government has only one option: to raise the interest rate. But this will significantly increase American spending.

Consumers consider the value of money in their views of their economic well-being, but economists do not. Since home and car purchases are integral to American consumers’ sense of economic well-being, but their prices are not included in official inflation measures, it is not surprising that sentiment does not match official economic indicators
– states the publication.

2024-04-04 12:29:26
#Forbes #calculated #real #inflation #rate #USA

April 4, 2024 0 comments

Business

Tokyo Stock Market Weekly Overview: Nikkei Average Falls for Second Consecutive Week, US Tech Stocks Plummet, Bank of Japan Normalization Expectations Rise

by Chief editor of world-today-news.com March 16, 2024

written by Chief editor of world-today-news.com

Nikkei Average From “Stock Search” multi-functional chart
■This week’s market points
1. Nikkei average fell for two consecutive weeks, temporarily falling to the low 38,000 yen range
2. Heavy rain since the beginning of the week, US tech stocks plummeting due to weak market conditions
3. Expectations of Bank of Japan normalization emerge, yen appreciating in foreign exchange market
4. There is a wait-and-see mood for the Bank of Japan meeting and FOMC meeting next week.
5. Nissan and Honda consider partnership in EV and in-vehicle software

■Weekly market overview
On the Tokyo stock market this week, the Nikkei Stock Average fell for the second consecutive week, dropping 981 yen (2.5%) from the previous weekend to 38,707 yen.

This week, the market was in a state of turmoil early in the week. The overall market plunged due to the double whammy of the fall in US tech stocks last weekend and the strong yen against the backdrop of expectations of normalization by the Bank of Japan. The Nikkei Stock Average at one point fell to the low 38,000 yen range, dropping nearly 2,000 yen from its recent high (40,109 yen).

The Tokyo stock market opened the week on Monday, the 11th, with a sharp decline from the previous weekend. The Nikkei average fell by more than 1,100 yen at one point. Continuing the trend of selling off mainly high-tech stocks in the US stock market last weekend, major stocks including semiconductor-related stocks fell across the board. Speculation emerged that the Bank of Japan would bring forward the normalization of monetary policy, and the appreciation of the yen in the foreign exchange market also turned off the economy, especially in the export sector. There was a slight decline on the 12th (Tuesday) as well. Continuing the risk-off trend from the previous day, the Nikkei average briefly fell by 500 yen, looking for a downside. After a round of selling, the price declined, but aggressive buying was refrained ahead of the release of the US Consumer Price Index (CPI) for February on the same day and night. On the 13th (Wednesday), the market peaked in the morning and then fell back. The Nikkei average has now fallen for the third day in a row. The previous day’s CPI was higher than expected in the US stock market, but this did not turn the market into a negative one and the overall market rose. The Tokyo market also started in a risk-friendly mood, but on this day, wage increases at large companies were more active than expected as it was the day for intensive responses to the spring labor union, and there was a growing expectation that negative interest rates would be lifted at the Bank of Japan’s monetary policy meeting the following week, causing market prices to decline. The top price was suppressed. On the 14th (Thursday), we turned around after the morning break. The market continued to be weighed down by concerns about the lifting of negative interest rates, but once the selling had stopped, there was gradual buying and the Nikkei Stock Average began to rise. There was a decline on the 15th (Friday). There was a wait-and-see mood ahead of the Bank of Japan meeting and the US Federal Open Market Committee (FOMC) next week.Individually, Nissan Motor Co., Ltd. has begun considering alliances in the fields of electric vehicles (EV) and in-vehicle software. <7201> [東証Ｐ]and honda <7267> [東証Ｐ]attracted attention.

■Next week’s points
Next week, the results of the Bank of Japan’s monetary policy meeting on the 18th and 19th and the US FOMC meeting on the 19th and 20th will influence market prices. It will be a wait-and-see situation until it passes both meetings, and full-fledged moves are likely to take place in the second half of this week. If the Bank of Japan lifts negative interest rates, it is expected that stocks will fall due to the yen’s appreciation, but many see this as a pushback. The actual extent of the decline is likely to be limited.

Domestically, in addition to the aforementioned Bank of Japan policy meeting, the January machinery orders to be announced on the morning of the 18th, and the February national consumer price index to be announced on the morning of the 22nd are of note. Overseas, in addition to the FOMC, China’s February industrial production index and retail sales will be announced on the 18th, China’s January-February fixed asset investment will be announced, the US housing starts for February will be announced on the 19th, and the February 21st will be announced. Close attention should be paid to the US October-December current balance and the US February Conference Board economic indicators.

■Daily movements (March 11th to March 15th)

[↓]March 11th (Monday) — Sharp decline, below 39,000 yen due to low US tech and strong yen
Nikkei average 38820.49 (-868.45) Trading volume 2,028.54 million shares Trading value 5,268.7 billion yen

[↓]March 12th (Tuesday) – Continued decline, temporary steep decline slows down due to buybacks
Nikkei average 38797.51 (-22.98) Trading volume 1,829.73 million shares Trading value 4,786 billion yen

[↓]March 13th (Wednesday) — Falling for 3 days in a row, selling dominated by speculation that the Bank of Japan’s policy change will be brought forward
Nikkei average 38,695.97 (-101.54) Trading volume 1,648.71 million shares Trading value 4,442.8 billion yen

[↑]March 14th (Thursday) – Rebound for the first time in 4 days, after a round of selling, buys on the push are dominant
Nikkei average 38807.38 (+111.41) Trading volume 1,660.28 million shares Trading value 4,337.4 billion yen

[↓]March 15th (Friday) — Selling dominated mainly in semiconductor-related stocks due to decline in U.S. stocks
Nikkei average 38707.64 (-99.74) Trading volume 2,368,980,000 shares Trading value 5,793.4 billion yen

■Sector trends
(1) Prices decreased in 20 industries out of 33 industries
(2) Mitsubishi UFJ has the highest rate of price decline <8306> including banks,
　Ｔ＆Ｄ <8795> Insurance, Japan Exchange etc. <8697> Financial stocks such as and other financial markets fell across the board.
(3) Disco <6146> Machines such as Toe Elec <8035> Electrical equipment, HOYA etc. <7741> Export stocks such as precision equipment also fell sharply.
(4) Domestic stocks are KDDI <9433> Information and communications, Sekisui House, etc. <1928> Construction is cheap, but
mitsubishi storehouse <9301> Warehousing/Transportation, Sumitomo Foods, etc. <8830> Real estate is strong, such as
(5) Economically sensitive stocks are Yusen <9101> Shipping, Nippon Steel, etc. <5401> Steel such as steel products sold significantly, but Sumitomo Mine <5713> Non-ferrous metals such as
(6) ENEOS has the highest price increase rate <5020> etc. petroleum. TEPCO HD <9501> Electricity and gas prices are also significantly higher.

■[Investment Theme]Weekly Top 5 (Number of accesses on Stock Search PC version)
1(2) Artificial intelligence
2(7) Benefits of strong yen
3(1) Semiconductor
4(3) Generate AI
5(5) Regional banks — Interest is growing as expectations for the Bank of Japan’s policy normalization increase.
*Brackets are previous week’s rankings

Stock search news

2024-03-15 21:40:00
#weeksQuick #Facts #Stock #Market #ConditionsContinued #decline #weighed #falling #tech #stocks #expectations #Bank #Japan #policy #normalization #Market #Conditions #Stock #Search #News

March 16, 2024 0 comments

Business

Inflation Challenges Ahead for US Economy and President Biden: Impact on Interest Rates and Growth Expectations

by Chief editor of world-today-news.com March 14, 2024

written by Chief editor of world-today-news.com

In light of the slight and sudden increase in the inflation rate in the United States during the month of February, new challenges emerge before the US economy and President Joe Biden, at a time when increasing inflation is considered a possible indicator of a delay in lowering interest rates, which may negatively affect growth expectations. The economic situation puts the president facing thorny scenarios ahead of the presidential elections expected in November.

Already, inflation in the United States rose unexpectedly to 3.2 percent in February, driven by higher prices for services such as car insurance and health, and with the recent increase in inflation and better-than-expected jobs data, the Federal Reserve is facing increasing pressure to take action to bring inflation back to normal. Its target levels of two percent.

US Treasury Secretary Janet Yellen said on Wednesday that it was “unlikely” that interest rates would return to pre-Covid-19 levels.

The Consumer Price Index rose 0.4 percent last month after increasing 0.3 percent in January, the Labor Department said, and gasoline and housing prices, which include rents, contributed more than 60 percent to the monthly CPI increase.

Despite the markets’ expectations of a reduction in interest rates in the period between March and June, Joe Yark, head of the global markets department at Sidra Markets, indicated in an interview with “CNN Economics” that the Fed may wait until July before it begins reducing interest rates. In light of inflation and jobs data.

Yarak adds that the Fed will need more data, especially inflation numbers in March and April, before making decisive decisions.

Yarak believes that the continuing rise in inflation, or what is called “sticky inflation,” during the months of February and January, and the subsequent high interest rates for a longer period, may greatly affect economies, specifically the global and American economies.

For his part, Wael Makarem, chief market strategist at Exness Trading Company, in an interview with CNN Economic, agrees with this assessment, as he believes that inflation has become sticky, and adds that recent inflation data showed that from mid-2022 until today, there has been There is a noticeable decline in all components of the index, especially energy prices, but with the exception of housing and transportation. The housing price index is considered later and does not give a clear picture of the decline in rental rates by about 20%. Fed members are counting on a decline in this index, which may push general inflation towards the target. If Rental prices are back on the rise with oil prices recovering, and the Fed may face a dilemma that forces it to even consider raising interest rates again, according to Makarem.

Although the Federal Reserve’s decisions are made independently of the Biden administration, rising inflation and the possibility of delaying a rate cut may increase the challenges Biden faces in light of the upcoming elections. Although inflation in the United States has declined from its peak of 9.1%, it has not It was not enough to stop voters’ complaints about high prices, as some of them blame Biden, and in this context, former President Donald Trump, a candidate for the upcoming presidential elections, targeted his rival because of inflation, saying, “People are going through hell, because of high prices, with energy and food costs rising to the highest levels.” Levels.

Economic policies and inflation represent a source of concern for Biden, who seeks to demonstrate his successes in managing the economy and achieving a balance between inflation and economic growth. Biden uses this period to attack the opposition and highlight his promise to confront high prices.

Despite his attempt to portray himself as committed to defending ordinary Americans against the interests of the powerful and the wealthy, polls consistently show that far more Americans, including large numbers of black and Hispanic voters, believe they have personally benefited from Trump’s policies. Trump compared to Biden’s policies.

In light of the current economic challenges and sticky inflation, the US Federal Reserve and President Biden’s administration stand at a critical crossroads.

With the announcement of expectations of a decline in some components of inflation and not others, questions are increasing about the future of monetary policies. Will the Federal Reserve succeed in balancing between lowering prices and supporting economic growth? How will this scenario affect the American and global economy in light of the upcoming presidential elections?

2024-03-14 18:26:48
#Inflation #pressures #Feds #crossroads…postponing #interest #rate #cut #scenario #CNN #Economics

March 14, 2024 0 comments

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