Emin Yurulmaz (economist): "Nikkei hitting 60k by year-end would be solid"
High rates = headwind for equities, tailwind for banks
But with rising yields + US midterm election year weakness, holding 60k on the Nikkei through EOY is actually a strong outcome
TLDR: Temper your Japan bulls. 60k is the realistic win, not moon mission territory
High rates = headwind for equities, tailwind for banks
But with rising yields + US midterm election year weakness, holding 60k on the Nikkei through EOY is actually a strong outcome
TLDR: Temper your Japan bulls. 60k is the realistic win, not moon mission territory
