Japanese stocks are expected to soar in the coming months, with the Nikkei 225 projected to reach new record highs. According to analysts at UBS, the Nikkei is poised to close the year at 45,000 points, while the TOPIX index is set to hit 3,120 points. Export-oriented businesses are expected to lead the market rally, and the yen is predicted to continue its downward trend.
Results for: Japanese Stocks
JPMorgan analysts warn of risks to the US stock market, citing complacency in valuations, inflation, Fed rate hikes, and a rosy profit outlook. They note similarities to last summer’s market correction and highlight factors such as USD strength, rising bond yields, and market concentration adding to the tense backdrop. In contrast, the report sees opportunities in Japanese consumption-related stocks due to expected wage growth and increased personal consumption.