2024/3/5. Who will pull Joker card?
I watched the news that USA stock markets hit new high, and then Japan stock markets hit new high, too.
I imagined who will pull Joker card in old lady.
Japanese new investors(?) will be the last buyers in USA and Japan stock markets.
They prefer to buy USA and Japan stocks in NISA.
NISA:Nippon individual savings account
https://en.wikipedia.org/wiki/Nippon_individual_savings_account
They will keep to buy USA stocks until USA stocks market crash.
The crash will happen around 2 or 3 months before/after Fed rate cut.
After crash, some of them will do loss cut USA stocks, then will buy Japan stocks.
Japan stocks market will crash at that time.
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