おはよう!時代劇 暴れん坊将軍8 第11話
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00:00:21Good morning.
00:00:22Good morning.
00:00:23It's Monday, January 7th, News Morning Satellite.
00:00:26There are a lot of important figures in the U.S. this week, so let's stay alert.
00:00:30Today, we will introduce the new members who have joined us.
00:00:35I'm Ayumi Furuhata.
00:00:38I'm in charge of Tuesdays and Wednesdays.
00:00:41I've been watching this show since I joined the company, so I'm very happy to be able to participate.
00:00:51Now, let's take a look at the stock price of the 6-day New York stock market.
00:00:58Dow Jones is at $46,645, down $86.
00:01:02Nasdaq is at $19,839, up 217 points.
00:01:07S&P 500 is at $5968, up 25 points.
00:01:14The strength of AI demand has been re-emphasized, and related names are supporting the stock market.
00:01:21NVIDIA's stock price is at 5% at one time.
00:01:25It is mainly in the semiconductor sector.
00:01:28Taiwan's Honhai Precision Industries announced that their sales have recorded the highest in the past in pursuit of AI demand.
00:01:36Microsoft announced last weekend that it would invest heavily in the data center.
00:01:43On the other hand, while inflation concerns are tingling, the movement of daily necessities stocks has not stopped.
00:01:49Dow Jones is also in a negative position.
00:01:52Next is the exchange rate.
00:01:54The dollar is now in the 50s to 60s of 157 yen.
00:02:01Nippon Seitetsu announced yesterday that it has approved a lawsuit in the U.S. court against U.S. Steel for violating the sale ban order.
00:02:15A press conference will be held from 9 a.m. today.
00:02:20The lawsuit is a joint effort between Nippon Seitetsu and U.S. Steel.
00:02:24It seeks to violate the U.S. Steel sale ban order and demand compensation for damage.
00:02:31Both parties claim that President Biden ignored the rule of law to achieve his political goals by receiving instructions from the U.S.S.W.A.
00:02:45The U.S.S.W.A. also claimed that the U.S. Steel has violated the sale ban order.
00:02:52The U.S.S.W.A. also claimed that the U.S. Steel has violated the sale ban order.
00:03:00On the other hand, President Trump tweeted on June 6,
00:03:04He posted on social media why he is trying to sell U.S. Steel now, saying that it will be a more profitable and valuable company due to tariffs.
00:03:13Again, he showed a negative view on the sale of U.S. Steel.
00:03:18Prime Minister Ishiba, ahead of this, in a press conference yesterday,
00:03:23He showed a view to ask the U.S. to explain that President Biden issued a ban order.
00:03:32It is unfortunate that the Japanese industry is concerned about the future investment of the U.S. Steel.
00:03:43On top of that, he said, if you don't explain why there is a concern about the safety insurance, it won't be a conversation from now on.
00:03:53Then I will continue the news.
00:03:58Canadian Prime Minister Trudeau held a press conference on June 6,
00:04:01He stated that he would resign as the leader of the Liberal Party.
00:04:05However, until a new leader is elected, he will remain the leader.
00:04:11While the general election of members was held until October,
00:04:14Trudeau's support rate was 22% last month, and the past lowest,
00:04:20The pressure to resign from the party was increasing.
00:04:25The Washington Post reported on June 6 that the Trump administration in the U.S.
00:04:29It considers that only certain areas that are important for national and economic security insurance.
00:04:37President Trump said in the presidential election,
00:04:40It is a big change to impose a universal basic liability of 10% to 20% on all imports.
00:04:48On the other hand, Mr. Trump denies the press on his SNS.
00:04:54The U.S. Federal Reserve Board of Directors announced on June 6 that
00:05:00Vice President Barr, who is in charge of financial management, will resign on February 28.
00:05:06However, his job as a director will continue.
00:05:10Mr. Barr has been promoting financial regulation,
00:05:13There were also observations that he would be re-elected by President Trump, who is more in the financial sector.
00:05:19Mr. Barr said about the reason for his resignation,
00:05:22The risk of conflict around this post may be a hindrance to our mission.
00:05:31The manufacturing demand in November in the United States decreased by 0.4% from the month before,
00:05:37It was slightly below market expectations.
00:05:40The demand for private aircraft has decreased significantly, reducing the durability by 1.2%.
00:05:47On the other hand, non-durability has increased by 0.4%.
00:05:52In addition, the demand for non-national defense capital, except for aircraft, which is a leading indicator of equipment investment, was 0.4%.
00:06:04Now, I would like to talk to Mr. Ryoji Takahashi of Daiwa Shoken Capital Markets America.
00:06:09Good morning, Mr. Takahashi.
00:06:11Good morning.
00:06:13First of all, what do you think about the movement of stock markets from the end of the year?
00:06:18Last week, there were few participants in the market,
00:06:24Since there were few announcements of economic indicators and calculations,
00:06:27The stock price fell in a slightly pushy manner without a big sense of direction.
00:06:32On the other hand, this week, there are several events for investors by each company,
00:06:38In addition, there are more announcements of economic indicators, including employment statistics.
00:06:43Today, the head office announced that Taiwan's Honhai Precision Industries, which handles servers for data centers,
00:06:49has announced a high monthly sales price, and semiconductor stocks have been purchased.
00:06:54I think that from now on, there will be more materials and a sense of direction.
00:06:59Is there any point in looking at the direction of the future market?
00:07:05Yes, this year, investors are paying attention to NVIDIA from the beginning of the year.
00:07:10At CES, Japan's largest digital technology event,
00:07:15NVIDIA's Jensen-Fuan CEO will give a keynote speech from noon on the 7th of Japan time.
00:07:21The production situation of the new image processing semiconductor GPU, Blackwell,
00:07:27and the further development of the new GPU,
00:07:31In addition, a wide range of information such as new products for games and computers is expected to be released.
00:07:38Last year, S&P500 rose by 20% in a row,
00:07:44but NVIDIA ranked in the top three in the rise rate of high-performance images.
00:07:50Honhai, which supported today's semiconductor stocks, is also working on an AI server for NVIDIA,
00:07:56which is expected to be a landmark in determining the direction of the stock market this year as well.
00:08:01We will hear more from Mr. Takahashi later.
00:08:04Now, let's look at the other markets.
00:08:07Saiken.
00:08:08Currently 4.623% for the first 10 years.
00:08:124.278% for the second year.
00:08:16Shouhin.
00:08:17New York's oil price fell for the first time in six days.
00:08:20Gold prices have fallen.
00:08:23European markets.
00:08:25It was reported that the US Trump administration was spending money on specific areas,
00:08:31and they all rebelled.
00:08:35The end is at the top of the screen.
00:08:38It's 39,620 yen.
00:08:41That's all for the market.
00:08:44Let me introduce our guest for this morning.
00:08:47Mr. Tatsuhiko Yoshizaki of Soujitsu Ogo Research Institute.
00:08:50Good morning.
00:08:51Good morning.
00:08:52And Mr. Makoto Sengoku of Tokai Tokyo Intelligence Lab.
00:08:57Good morning.
00:08:58Good morning.
00:09:00Mr. Yoshizaki.
00:09:01Japan Steel has filed a lawsuit against the US Steel for violating the banning order.
00:09:06What do you think?
00:09:07I think the current US Steel stock price is about $32.
00:09:13But Japan Steel is saying that they will buy it at $55.
00:09:17So the biggest problem in the United States right now is the US Steel stock price.
00:09:23And the CEO is very angry.
00:09:26He's saying that President Biden's decision is wrong and corrupt.
00:09:32On the other hand, if you read the White House statement,
00:09:36it's very positive.
00:09:38It says that US Steel must belong to the Americans.
00:09:42In the end, I think the US Steel lost to the pressure of 850,000 people.
00:09:48But of the 850,000 people, only 60,000 are steel workers,
00:09:53and only 20,000 are US Steel.
00:09:55And these 20,000 people are mostly in favor of it.
00:09:59This is a really unfortunate decision for the United States.
00:10:03I want Japan Steel to show as much of a bad attitude as possible.
00:10:08What kind of traps are you going to set up in the future?
00:10:11One way is, of course, to target Trump's Chabudai foreign exchange,
00:10:17but there may also be a partial buyout.
00:10:21There's a really good explanation for this in the South.
00:10:26I think there's another way to drop it.
00:10:31I see.
00:10:33Mr. Sengoku thinks that Japan Steel will not be afraid of selling overseas in 2025.
00:10:40Let's see what happens next.
00:10:45This program was brought to you by these sponsors.
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00:12:27Now, let's take a look at today's Tokyo market.
00:12:31First, let's check the price of each country.
00:12:34The dollar is 157 yen 50,000 to 60,000.
00:12:37The euro is 163 yen 70,000.
00:12:40The dollar is 1 dollar 7.3 yen.
00:12:44The Australian dollar is 98 yen 30,000 to 40,000.
00:12:48The British pound is 197 yen 20,000 to 30,000.
00:12:52The Brazilian real is 25 yen 70,000.
00:12:55Finally, the tricolour is 4 yen 46,000.
00:13:00This is Nori from SNBC.
00:13:04Good morning.
00:13:05Good morning.
00:13:06I look forward to working with you again this year.
00:13:07I look forward to working with you again.
00:13:08First, let's check the price of each country.
00:13:09The dollar is 156 yen 70,000 to 158 yen 20,000.
00:13:11What kind of development are you looking at today?
00:13:13Today, the number of non-manufacturing companies in the United States and the number of employees in November will be announced.
00:13:21This will be the peak of employment statistics for this weekend.
00:13:26If it's strong, it's honestly the dollar.
00:13:28If it's weak, it's the dollar.
00:13:31Today's point.
00:13:33The long-term interest rate in the U.S. did not reach 160 yen.
00:13:38That's why the 10-year interest rate in the U.S. is up.
00:13:41Yes.
00:13:42There was no major disruption in the overseas market at the end of the year.
00:13:47However, while the 10-year interest rate in the U.S. has risen to 4.6%, the dollar has continued to swell.
00:13:56However, if you pay attention to the 10-year real interest rate and dollar-yen relationship in the U.S. and Japan,
00:14:02you can see that the dollar-yen is below 160 yen while the interest rate has expanded more than last July.
00:14:11If you pay attention only to the real interest rate, it's not surprising that it's more than 160 yen.
00:14:17However, it can be said that the dollar-yen is struggling among the strong dollar-price pressure.
00:14:23Does that mean the yen is not that weak?
00:14:26Yes.
00:14:27If you pay attention to the euro-yen here, you can see that it is about 10 yen higher than last July.
00:14:36While the dollar-yen is under strong dollar-price pressure,
00:14:39it is thought that the exchange rate for the dollar is shifting from yen to euro and other currencies.
00:14:47Is there such a movement in other currencies?
00:14:50Yes.
00:14:51Since the second half of last year, there has been a decline in new advertising exchanges such as Korean won and Brazilian real.
00:14:58It can be said that this is also the background that the yen is relatively difficult to sell.
00:15:04I see.
00:15:05It is expected that the yen will not exceed 160 yen for a while,
00:15:10while there is a strong feeling that the European Central Bank, the ECB, and other overseas securities will continue to decline.
00:15:31I see.
00:15:32Thank you for your time.
00:15:34Let's take a look at the recent market.
00:15:37Yesterday, Japan's 10-year record was 1.135%.
00:15:43Let's take a look at the stock market.
00:15:45First is the world's stock price on the 6th.
00:15:49China's total number of shares in Shanghai has fallen by four.
00:15:53As the U.S.-China confrontation intensified, people's awareness of yen has increased and sales have increased.
00:16:00The number of Indian stocks has fallen.
00:16:03Japan's FTSE, the German DAX, has rebounded.
00:16:06Brazil's Bovespa, the New York market Dow, is the value at 5.30 a.m. Japanese time.
00:16:13Next is the value of the previous one.
00:16:15The night trading of Osaka Trading Company is 39,670 yen in the middle of the screen.
00:16:23Let's ask our guest, Mr. Sengoku, about today's stock market.
00:16:2939,400 yen to 39,800 yen.
00:16:33What do you think about today's stock market?
00:16:36Yesterday, Japan's stock price was a little lower.
00:16:39I think today will be a day of rebounding.
00:16:42In particular, NASDAQ has risen in the U.S. market.
00:16:45I think it will be an easy time for Japanese average stocks to return.
00:16:48There is also the possibility of a new year.
00:16:51I think we can expect to see an inflow of 20,000 to 30,000 yen.
00:16:54I think we can do well today.
00:16:57One of the points of interest is that you are not afraid of overseas investors' sales.
00:17:03I'm curious about this.
00:17:04First of all, looking back at the Japanese stock market in 2024, how was it?
00:17:09Last year, the Japanese stock market in 2024 was a market centered on self-owned companies.
00:17:16The business policy that reflects self-owned companies is about 8 trillion yen for last year.
00:17:25I think this is a big support for Japanese stocks.
00:17:30On the other hand, the overseas investor movement is a 5 trillion yen sale.
00:17:36It's going to be a sale for the first time in two years.
00:17:40I think this has had a negative impact on Japanese stocks.
00:17:45However, the Japanese average stock price has risen by 19.2% in the past 24 years.
00:17:50I think it was a year in which the Japanese stock market rose even though overseas investors sold it.
00:17:57That means that the influence of self-owned companies was so great.
00:18:01Yes, I think it was very great.
00:18:03Looking at the impact of overseas investors on Topix,
00:18:09the influence of self-owned companies was great.
00:18:12The selling price of 1 trillion yen in 2024 was about 3.6% higher than that of Topix.
00:18:20On the other hand, the selling price of 1 trillion yen was 1.4% lower.
00:18:26Of course, when overseas investors sell it, Japanese stocks go down.
00:18:29However, if you look at the impact of the 1 trillion yen sale and the impact of the sale,
00:18:33the impact of the sale is very big.
00:18:37I think that the Japanese stock market has a relationship with overseas investors.
00:18:43In a sense, even if overseas investors sell a lot,
00:18:46I think we can judge that the decline of Japanese stocks was limited.
00:18:50In that case, the timing of overseas investors' sales is going to be important.
00:18:55That's right.
00:18:56Basically, I think that the timing when overseas investors sell is a good chance to buy Japanese stocks.
00:19:05Currently, the decline of Japanese stocks is a big turning point in the Japanese stock market.
00:19:10However, I think that the possibility of this trend changing significantly is quite low.
00:19:16In 2025, there will be a movement of the Trump administration's perfect policy.
00:19:22I think that the flow of overseas investors is very unstable.
00:19:28Temporarily, there is a risk that sales will increase.
00:19:31I think that we need to be careful in 2025.
00:19:36However, as you can see from the impact,
00:19:40the impact of overseas investors' sales is small and the impact is limited.
00:19:47In the past few years, in an environment where the Japanese stock market is in a big turning point,
00:19:52there have been many cases where overseas investors' sales are a good chance to buy Japanese stocks.
00:19:58I think that it is important to make a judgment that it is better to buy Japanese stocks when overseas investors' sales are a good chance to buy Japanese stocks.
00:20:08I think that it is important to make a judgment that it is better to buy Japanese stocks when overseas investors' sales are a good chance to buy Japanese stocks.
00:20:11I understand. Thank you very much.
00:20:14That was Mitoshi Kabukano.
00:20:17It is 6.05 p.m.
00:20:18We will now bring you the news.
00:20:21The Joint Investigation Headquarters, which is under investigation by the South Korean President Yun Sung-ryul,
00:20:26announced yesterday that they have re-examined Yun's arrest warrant.
00:20:33The warrant issued in December of last year was valid until yesterday,
00:20:38so it was re-examined and extended.
00:20:41It is not clear when the warrant was re-examined,
00:20:45but if it is released, the headquarters will see it as a chance to execute the warrant again.
00:20:51The headquarters tried to execute the warrant on the 3rd of this month,
00:20:56but they gave up due to the resistance of the President.
00:21:02JR Rokusha announced that the number of passengers for the Shinkansen and Zairaisen express trains at the end of the year was 13.9 million,
00:21:08which is 11% more than the previous year.
00:21:13This is because of the easy-to-take-service days and high demand for Japanese passengers.
00:21:19JR Tokai had the lowest average number of passengers per day on the Tokaido Shinkansen,
00:21:22and JR Nishinihon had the lowest average number of passengers per day on the Hokuriku Shinkansen.
00:21:29In the air, the domestic line was 20% and the international line was 17% for all-Japan air,
00:21:35while the domestic line was 12% for Japan Air and the international line was 24% more.
00:21:41In all-Japan air, the number of passengers for the Habairo Shinkansen was the lowest in the past.
00:21:47It is very important to keep up with the flow of passengers from 2024 to 2025.
00:21:57President Yoshino of the United Nations held an annual press conference yesterday,
00:22:01and again this year, he reiterated his policy of seeking a large number of passengers as much as last year.
00:22:07He said that this year will be a year of great concern for the Japanese economy
00:22:11because the price of goods will not go down,
00:22:14and the focus will be on whether the price will go up, especially in small and medium-sized companies.
00:22:22Paroma Ream Holdings, a holding company of Paroma, announced yesterday
00:22:27that it would buy Fujitsu General, a major airline.
00:22:32The total sales amount will be about 25.6 billion yen.
00:22:40It will acquire Fujitsu General, which has a strong air conditioner with high efficiency,
00:22:45and develop the North American market.
00:22:51It is said that the Kanto region post office had been collecting foreign exchange funds
00:22:56without showing sufficient evidence from the company that commissioned the delivery of U-Pack,
00:23:00and it was found that the Kanto Regional Trade Commission had been instructing the Japanese Post Office
00:23:04in violation of the Subcontracting Act last June.
00:23:08The Japanese Post Office has introduced a foreign exchange fund system for commissioning companies,
00:23:13but it is said that there was also a case of extorting 100,000 yen in foreign exchange funds for the claim of a tobacco site.
00:23:21Now, today's schedule.
00:23:24In Japan, the Japanese government will hold a press conference on the cancellation of U.S. steel purchases.
00:23:29Overseas, it will focus on the number of consumer purchases in December of the European Union
00:23:33and the number of non-manufacturing cases in December of the United States.
00:23:38In addition, the world's most influential tech event, CES, will be held in Las Vegas.
00:23:45Now, the U.N. is looking for a boost like last year.
00:23:50Mr. Yoshizaki, how much will the boost be this year?
00:23:53Well, last year, it was a little too much.
00:23:56It was a 5% boost, and it was close to 4% even if it was bare.
00:24:02However, thanks to that, last year, the price went up from 2% to 3%, but somehow.
00:24:08In that sense, if the price calms down around 2% this year,
00:24:14I think I want a 3% bear.
00:24:18However, this is often called a high circulation of real estate and real estate,
00:24:22but in fact, it should be a high circulation of real estate and real estate and productivity.
00:24:28That's why there's a labor movement at a high level of real estate,
00:24:32and it's supposed to accelerate growth.
00:24:36That's what we're supposed to be aiming for.
00:24:40Then, after that, I think there's going to be a little bit of a shortage of people.
00:24:47Is it still difficult to boost small and medium-sized companies?
00:24:52Well, when I have a chance to talk to people in the real estate industry,
00:24:57I sometimes hear that it may be a little difficult to ask them,
00:25:02such as, how about you?
00:25:05Mr. Ueda, who is in the real estate industry, is also most concerned about this.
00:25:08That's right.
00:25:09What will happen to financial policy?
00:25:10Now, let's look at the US stock market.
00:25:12Mr. Sengoku, the market is paying close attention to non-manufactured goods.
00:25:16That's right.
00:25:17As for December, it is expected to improve by 53.5%.
00:25:23The other day, we announced the number of non-manufactured goods in the ISM.
00:25:27It's down 50%, but it's improving.
00:25:32If non-manufactured goods are improved this evening,
00:25:35non-manufactured goods will also be improved,
00:25:40so the US economy is still in good shape.
00:25:45In fact, the Trump administration will be born in the fall,
00:25:49so I think we can start with a relatively high expectation for it.
00:25:55However, I think the point to note is that this is going to be a mess.
00:26:00The reason for that is that the US is now in a fairly high-risk environment,
00:26:05and the 10-year re-entry rate is over 4.5%,
00:26:08so there is an inflation risk in the next Trump administration.
00:26:12Inflation risks are high, but the economy is bad.
00:26:15If that happens, I think there is a high risk that the flow of stock prices will collapse.
00:26:21I think there is a low possibility of a low inflation,
00:26:24but I think it is necessary to be careful about that.
00:26:30Next is the weather.
00:26:32This is Hiraide from the Meteorological Department.
00:26:35Good morning.
00:26:36Today, it seems to be raining and snowing mainly on the Japanese coast.
00:26:40Also, please be careful of strong winds nationwide.
00:26:43Here is today's weather.
00:26:45First is western Japan.
00:26:47It seems to be raining and snowing in some places on the Japanese coast.
00:26:51On the Pacific side, there are many sunny places,
00:26:54but there will be rain and snow in the morning and evening.
00:26:58In Shikoku, it seems that there will be snow even in the plains.
00:27:01The maximum temperature is much lower than yesterday,
00:27:05and it will be even colder because of the strong wind.
00:27:08Next is eastern Japan.
00:27:10It is sunny in the Tokaito Kanto, but there seems to be a place where it snows near the mountains.
00:27:14In Hokuriku, it will be raining and snowing continuously, and the night will be strong.
00:27:18The maximum temperature is likely to be higher than yesterday in the Tokaito Kanto.
00:27:22The wind is strong mainly on the coast,
00:27:25and even in the warm Kanto during the day, the wind will be cold in the evening.
00:27:29Next is northern Japan.
00:27:30It seems to be snowing and raining on the Japanese coast of the northeast,
00:27:33and it seems to be snowing temporarily on the Pacific side.
00:27:36In Hokkaido, it will snow in the east in the morning,
00:27:39and it will snow in places on the Japanese coast in the evening.
00:27:42The wind is also strong here, and the maximum temperature seems to be lower than the numbers.
00:27:46This is a weekly forecast.
00:27:48There will be many snowy days on the Japanese coast.
00:27:51On Thursday, a strong cold will flow in, and it seems that Fukuoka will also be snowy.
00:27:55Even on the sunny Pacific side,
00:27:57there is a possibility that it will snow in Nagoya from Thursday to Friday.
00:28:01This was a weather report.
00:28:04What will happen to the US stock market in 2025?
00:28:08We will explain the long-term outlook and the famous patterns of attention from New York.
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00:29:51Don't say it like data.
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00:29:54Let's use the power of DATE.
00:29:56You don't have to say it.
00:30:05Now, let's hear from Mr. Takahashi of Daiwa Shoken Capital Markets America.
00:30:10How do you see the US stock market this year?
00:30:15Yes.
00:30:16This year, S&P 500 is expected to increase by about 10% throughout the year.
00:30:25The company's stock price is EPS, which represents the profit per share,
00:30:29and PR, which shows how high or low the current stock price is compared to the profit.
00:30:37PR is already at a high level with the increase in stock prices so far,
00:30:42so this year, it is expected that the stock price will increase
00:30:46depending on how much the EPS improves,
00:30:49that is, how much the company can increase its profits.
00:30:52Looking at the EPS,
00:30:54in 2023, it was deteriorating due to the rebound of the Sugomori demand
00:31:00and the rapid influx, but now it is on the way to a recovery cycle.
00:31:04In addition, by adding the current tax policy of the Trump administration
00:31:08and the tailwinds caused by the decline in EPS,
00:31:11it is highly likely that the stock market will be in a stable position.
00:31:15Are there any sectors or topics that are likely to be a point?
00:31:20Yes.
00:31:21Looking at the growth rate of the profit prediction for each sector,
00:31:25the growth rate of the IT sector is expected to continue to drive the overall stock market
00:31:29by more than 20% this year.
00:31:32As I mentioned earlier,
00:31:34this year will be an important year for the stock market,
00:31:37so I think it is easy for the IT sector,
00:31:39which is expected to continue to see high growth,
00:31:41to collect profits.
00:31:43An important topic is the practicalization of AI.
00:31:47Until last year, NVIDIA, the leading semiconductor company,
00:31:51and other well-known companies in the development stage of AI
00:31:54were extending their stock market,
00:31:56but recently, AI agents that can do human-like business
00:32:00and big data analysis using AI
00:32:03have become more practical.
00:32:06If these are realized,
00:32:08it is likely that the company's assets will dramatically improve,
00:32:12so we are paying attention to Salesforce and ServiceNow,
00:32:16which are leading in the introduction of AI functions
00:32:19in the IT sector in particular.
00:32:23I see.
00:32:24Thank you, Mr. Takashi.
00:32:26Let's move on to the other markets.
00:32:29This is Kawase.
00:32:30The Trump administration was accused of
00:32:32spending money on specific fields,
00:32:35and the dollar was temporarily set at 156 yen.
00:32:39After that, President Trump denied this
00:32:42and the move to buy back became a priority.
00:32:45It is now in the 60s and 70s of 157 yen.
00:32:48This is Saiken.
00:32:50The 10-year return is currently 4.605%.
00:32:55The 2-year return is 4.259%.
00:32:59This is Shohin.
00:33:00New York crude oil fell for the first time in 6 days,
00:33:03and gold fell.
00:33:06This is the movement of the market.
00:33:09Now, let's move on to the professional eye.
00:33:11It seems that the second Trump administration,
00:33:13which will be held on the 20th of this month,
00:33:15will not be a smooth sailing.
00:33:18Our guest Yoshizaki will explain the background.
00:33:25Yoshizaki Yoshizaki
00:33:27Yoshizaki Yoshizaki
00:33:29Yoshizaki Yoshizaki
00:33:30Yoshizaki Yoshizaki
00:33:31Yoshizaki Yoshizaki
00:33:32Yoshizaki Yoshizaki
00:33:33Yoshizaki Yoshizaki
00:33:34Yoshizaki Yoshizaki
00:33:35Yoshizaki Yoshizaki
00:33:36Yoshizaki Yoshizaki
00:33:37Yoshizaki Yoshizaki
00:33:38Yoshizaki Yoshizaki
00:33:39Yoshizaki Yoshizaki
00:33:40Yoshizaki Yoshizaki
00:33:41Yoshizaki Yoshizaki
00:33:42Yoshizaki Yoshizaki
00:33:43Yoshizaki Yoshizaki
00:33:44Yoshizaki Yoshizaki
00:33:45Yoshizaki Yoshizaki
00:33:46Yoshizaki Yoshizaki
00:33:47Yoshizaki Yoshizaki
00:33:48Yoshizaki Yoshizaki
00:33:49Yoshizaki Yoshizaki
00:33:50Yoshizaki Yoshizaki
00:33:51Yoshizaki Yoshizaki
00:33:52Yoshizaki Yoshizaki
00:33:53Order canceled.
00:33:55For your convenience and understanding.
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00:34:09Unfortunately.
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00:34:19I would like to be able to work, too.
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00:34:53Everybody dance!
00:34:55BitCoin is BitBank.
00:35:00I met him at daycare, and we fought all the time.
00:35:04That's...
00:35:05No way.
00:35:07No way.
00:35:08You two are the same age.
00:35:09I can't believe I'm going to be someone important.
00:35:11Let's get along.
00:35:12Housemate
00:35:16I wonder how long it's been since I've felt the word adventure from afar.
00:35:22Mitsubishi Shouji, for the world and for one person.
00:35:30Now, let's take a look at the stock market.
00:35:36Dow Jones has fallen.
00:35:38$42,706, down $25.
00:35:41Nasdaq continues.
00:35:43$19,864, up 243 points.
00:35:48S&P 500 continues.
00:35:50$5,975, up 32 points.
00:35:54Sector-by-sector fall.
00:35:56While communications and information technology have risen, real estate and public services have fallen.
00:36:04Next is Yoshizaki's Pro Nome.
00:36:06Here's today's theme.
00:36:10Even with the Trump administration in power, the U.S. Federal Assembly is a wave.
00:36:15In two weeks, the second Trump administration will be in power.
00:36:18The presidential inauguration will be held on January 20.
00:36:22And the U.S. House of Representatives will hold a triple-red summit.
00:36:28What will the U.S. political situation be like this year?
00:36:32On Friday, January 3, the 119th U.S. House of Representatives will be in power.
00:36:38I think it will be difficult for President Trump to implement his policies.
00:36:47It will be difficult for him to implement his policies.
00:36:51Let's check the number of U.S. House of Representatives in power.
00:36:54The House of Representatives has 53 members in the Republican Party and 47 in the Democratic Party.
00:36:59The House of Representatives has 219 members in the Republican Party and 215 in the Democratic Party.
00:37:06The House of Representatives has two members in the Republican Party.
00:37:10The House of Representatives has two members in the Republican Party.
00:37:14It's okay to have three members in the Republican Party.
00:37:19The problem is the membership.
00:37:21There are only four seats.
00:37:24Among the members of the House of Representatives,
00:37:28Eric Stefanik, the U.S. Ambassador to the United Nations,
00:37:34and Michael Waltz, the U.S. Secretary of State for National Security,
00:37:40are appointed to the House of Representatives.
00:37:42These two people have to resign later.
00:37:45If they do, it will be a bloodbath.
00:37:48It's really a mess.
00:37:51On February 3rd,
00:37:53there will be only one vote difference between the members of the House of Representatives.
00:38:02It's a bloodbath.
00:38:05So, if one of the members resigns,
00:38:08there will be only one vote difference between the two members.
00:38:11That's right.
00:38:12In the House of Representatives election,
00:38:15three members of the House of Representatives announced that they would resign.
00:38:20However, the House of Representatives needs 218 members out of 435.
00:38:25In the end, Mr. Trump asked the two members to resign,
00:38:29and they barely got one vote.
00:38:32That's how bad the situation is.
00:38:37And what happened was,
00:38:41on January 6th, the American time,
00:38:45there was a ceremony to recognize a new president.
00:38:50On the same day, four years ago,
00:38:53there was an incident on January 6th,
00:38:56which is called the Gijidō Rannyū Incident.
00:38:59As a member of the Republican Party,
00:39:02I didn't want to make the same mistake again.
00:39:05I really wanted to avoid it.
00:39:08The Gijidō Rannyū Incident was today, wasn't it?
00:39:11Yes, it was.
00:39:12The budget for 2025 has not yet been established, has it?
00:39:17That's another problem.
00:39:20On December 20th of last year,
00:39:23the budget was extended.
00:39:28But now it's 2.3 points.
00:39:32Among the members of the Republican Party,
00:39:35there is a so-called Freedom Caucus,
00:39:38and there are about 35 members.
00:39:41If the budget is insufficient,
00:39:44they won't agree.
00:39:47In the end,
00:39:50even though Trump called for a consensus,
00:39:5334 members of the Republican Party voted against it.
00:39:57In other words, there are quite a few people who oppose Trump.
00:40:02And the current budget will be implemented on March 14th.
00:40:07So we have to do something about it.
00:40:10And at that time, Elon Musk was calling for a budget opposition.
00:40:15That's right.
00:40:16This is where I have a headache again.
00:40:18At first,
00:40:20the Republican Party was building a large-scale budget
00:40:24like an increase in the reward.
00:40:27Then Elon Musk called for it with an X,
00:40:31and it became a huge uproar.
00:40:34The Republican Party was in a hurry to retract it.
00:40:39And then Trump said,
00:40:41if it's a consensus,
00:40:43he'd lose the budget limit.
00:40:45And so, if you go through a short budget without a budget limit,
00:40:49this is what was concluded.
00:40:51At the end, it was really close,
00:40:54but no matter who looks at it,
00:40:56Musk is more influential.
00:40:58That's what it's become.
00:41:01They're still in a three-month relationship,
00:41:05but I think they're going to break up somewhere.
00:41:11And from January 2nd, the debt limit has been revived.
00:41:15What's the impact of this?
00:41:17This is a pain in the ass story,
00:41:20but to recap,
00:41:21the law has determined the limit on the issuance of U.S. dollars.
00:41:25It's currently $31.5 trillion.
00:41:28This was established in June 2023.
00:41:32Under the Taxation Responsibility Act,
00:41:35it was not until January 1st of this year.
00:41:40It's been revived,
00:41:42but in the meantime,
00:41:44the debt has increased by $5 trillion,
00:41:47and it's currently $36.2 trillion.
00:41:50This means that by the middle of this month,
00:41:53the U.S. government is going to go short again.
00:41:59And then, as we all know,
00:42:02the Treasury Department will start special measures.
00:42:05By exchanging various funds,
00:42:08they'll be able to connect the two ends of the coin.
00:42:10That's the kind of thing that's going to happen.
00:42:13So when is it going to be X Day?
00:42:17It's going to be the first week of the month,
00:42:20so it's going to be extremely difficult to predict.
00:42:24It's said that it's going to be dangerous around the middle of June.
00:42:31When X Day approaches,
00:42:33there was a tax limit issue two years ago.
00:42:36Is there going to be a risk like that time?
00:42:39That's right.
00:42:40At that time, we were just doing the Hiroshima Summit,
00:42:43and Mr. Biden cut off his schedule on the way home.
00:42:47That's exactly what happened at that time.
00:42:49But this year, something similar may happen again
00:42:53during the Kananaskis Summit in Canada.
00:42:57It's the default concern of the U.S.
00:42:59There may also be an issue with U.S. hedge funds.
00:43:02That's right.
00:43:03The risk of the U.S. international exchange rate
00:43:06is going to come up again.
00:43:08In the case of this year, it's going to be around June.
00:43:12Looking at it like this,
00:43:13it doesn't look like the second Trump administration is going well.
00:43:17What kind of policy do you think President Trump will take
00:43:20after the January 20th administration?
00:43:23This will be a clue.
00:43:25On December 8th last year,
00:43:27he gave a long answer to the first interview after the election.
00:43:31He said something very interesting there.
00:43:34He said,
00:43:35I won with the border and groceries.
00:43:39In other words, illegal immigration and inflation were the key.
00:43:44So, for the first 100 days,
00:43:46I will focus on the border issue and goods prices.
00:43:49And I will focus on the approval of the reform candidates.
00:43:53That's what he said.
00:43:55And finally,
00:43:56what kind of year will 2025 be for the Trump administration?
00:43:59That's right.
00:44:00This is the idea of the Trump-style law
00:44:03that I introduced in this program before.
00:44:05I will introduce it here again.
00:44:07First of all, I think the environmental energy issue will come.
00:44:11In other words, I think the story of the resumption of the Paris Agreement and so on
00:44:14will come out again after the election.
00:44:17After that, in the spring,
00:44:20the first 100 days,
00:44:22starting on January 20th,
00:44:24April 29th is the 100th day.
00:44:27According to this,
00:44:29the biggest problem for him is the first and foremost issue.
00:44:32I think he's going to set up something like a forced transfer of illegal immigrants.
00:44:36I think the next one will probably be around June.
00:44:40When the continuation of the forced transfer of illegal immigrants is roughly arranged,
00:44:44the next big problem is the so-called problem.
00:44:47And in the fall,
00:44:49the budget for 2026 will begin.
00:44:52Will there be a limit on the number of illegal immigrants?
00:44:54Or how much will the tax revenue increase?
00:44:57Those kinds of problems will come in order.
00:45:01In addition to this,
00:45:02in June,
00:45:04there will be a tax limit issue.
00:45:07I think it's going to be a difficult year.
00:45:12But if it doesn't go as planned,
00:45:14Trump is going to go berserk again.
00:45:16That's also a risk.
00:45:18It's in every situation.
00:45:20That's right.
00:45:22In a good way,
00:45:24Trump is a top-down person.
00:45:26If I say,
00:45:28it's going to be like that.
00:45:30In that sense, it's easy to read.
00:45:33In the market,
00:45:36I'd like to pay close attention to the tax revenue.
00:45:38But from what I've heard today,
00:45:40it doesn't look like it's going to be like that.
00:45:42I'd like it to survive until the fall.
00:45:46I hope the transparency will be strengthened.
00:45:50Thank you very much.
00:45:52That was Yoshizaki-san's professional opinion.
00:45:55Well, in the field of basic software for the brain of automobiles,
00:45:58it is said that Google's line of fire is getting stronger.
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00:48:18It's a long walk.
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00:48:48Nikkei Chotoku.
00:48:50Here is a report on the Nikkei electronic version.
00:48:52First, here it is.
00:48:54In the field of OS, basic software,
00:48:56which is the brain of automobiles,
00:48:58Google's influence has increased.
00:49:02Using the research data of the world's new cars
00:49:04owned by S&T Global,
00:49:06we analyzed the ownership rate of information-based OS
00:49:09since 2015.
00:49:12In 2014, the share of Google's Android
00:49:15was about 70%,
00:49:17which is 1.8 times higher than in 2015.
00:49:21Next, there is a big difference
00:49:23between open source and Linux.
00:49:26With the advancement of information-based OS,
00:49:30Google can increase its profitability
00:49:32in the business of the next generation
00:49:34of car users through car-oriented apps
00:49:36like smartphone apps.
00:49:41In the competition for car-oriented services
00:49:43generated by the spread of autonomous driving,
00:49:45technology companies have the upper hand
00:49:48and car manufacturers are likely to be in the lead.
00:49:53Next, here it is.
00:49:55New growth in Hong Kong
00:49:57by China's Honda Corporation is active.
00:50:01According to Deloitte China,
00:50:03the growth in Hong Kong transactions in 2025
00:50:07is expected to increase from 1.3 billion to 1.5 billion Hong Kong dollars
00:50:12in two consecutive years.
00:50:15In 2023 to 2024,
00:50:17the share of Honda Corporation,
00:50:19which is on the rise in the new era,
00:50:21will decline by about 90%,
00:50:23and in 2025, Honda Corp. will become the mainstay.
00:50:26The background is the promotion of Hong Kong's rise
00:50:29by the major Honda companies
00:50:31launched by the Chinese authorities.
00:50:34In addition, as the Trump administration
00:50:36continues to raise concerns
00:50:38that the US-China trade competition
00:50:40and war will resume,
00:50:43there are more companies in Hong Kong
00:50:45that are trying to raise funds
00:50:47to accelerate overseas development.
00:50:50Finally, here it is.
00:50:52As wars and political changes
00:50:54are rampant all over the world,
00:50:56there is a sense of alertness
00:50:58to the unforeseen events.
00:51:01In a survey conducted by Nikkei Veritas
00:51:04targeting 72 market participants,
00:51:06it was found that although the probability is low,
00:51:09the impact on the market will be great
00:51:11if it becomes a reality.
00:51:14The most noteworthy thing was
00:51:16the prediction of the Trump administration
00:51:18taking office in January.
00:51:21The scenario of splitting up in the Republican Party
00:51:24and resigning due to health concerns
00:51:26emerged from multiple market participants.
00:51:29There were many voices predicting
00:51:31political turmoil in Japan.
00:51:35After the last election,
00:51:37the defeat in the presidential election
00:51:39in March of last year,
00:51:41and the resignation of President Shigeru Ishiba,
00:51:44the inauguration of Noda Yoshihiko's second term,
00:51:47and the re-election of Tamaki Yuichiro
00:51:49as Prime Minister by a series of elections,
00:51:51there were many voices predicting
00:51:53a series of changes in the administration.
00:51:57There were some bold aspects of 2025,
00:52:00but if you think about it,
00:52:02there will be various risks in 2025.
00:52:05Yes.
00:52:06I think it's good for our mental health.
00:52:09This kind of risk analysis
00:52:11is probably based on the Eurasian group.
00:52:15In 2011, the word G-Zero came out,
00:52:18and it went viral.
00:52:20If you think about it now,
00:52:22it was a long time ago.
00:52:24The advanced countries in the world
00:52:26lost their leadership,
00:52:28and G20 also lost its function.
00:52:30That's right.
00:52:31But I did some research.
00:52:33In 2011, the world GDP was $70 trillion.
00:52:37Now it's about $105 trillion,
00:52:40so it's 1.5 times that.
00:52:43In the stock market,
00:52:45the Dow's end net was $12,000.
00:52:50Do you know how much the daily average is?
00:52:53$11,000?
00:52:54$8,455.
00:52:56So risk and opportunity are always a set.
00:53:01That's what I wanted to emphasize.
00:53:03So there was a chance.
00:53:05So you don't have to take too many positions
00:53:08when it comes to taking risks,
00:53:10and you just have to be prepared?
00:53:12Risk is something you have to manage,
00:53:15and you can't avoid it.
00:53:17I think that's the conclusion to this story.
00:53:21Sounds difficult.
00:53:23Now, Mr. Sengoku,
00:53:25the situation in Hong Kong is active.
00:53:28That's right.
00:53:29In Hong Kong, as you saw in the news,
00:53:32the Trump administration is actively
00:53:34raising funds for the birth of a new government,
00:53:37and the IPO price has increased
00:53:39over the past 24 years.
00:53:41In the next 25 years,
00:53:43I think the IPO will become
00:53:45a world-famous event.
00:53:48Not just in Hong Kong.
00:53:50The U.S. market is particularly
00:53:52interested in the IPO.
00:53:54I think the IPO will increase
00:53:56in the U.S. market over the next year.
00:53:59I think this is also a factor
00:54:01in the birth of the Trump administration.
00:54:04As the Trump administration
00:54:06strengthens the flow of regulations,
00:54:09the so-called M&A and IPO
00:54:11are said to increase.
00:54:13In the U.S. market,
00:54:15the U.S. IPO market has been
00:54:18stagnant for a long time.
00:54:20However, I think it is highly possible
00:54:22that the market will recover
00:54:24in the coming year.
00:54:26The IPO has the potential
00:54:28to create a new era.
00:54:30I think there is a great possibility
00:54:32that a new theme will be created.
00:54:35I think there is a great possibility
00:54:38that a new theme will be created
00:54:40in the U.S. market.
00:54:42If the theme becomes clear,
00:54:44it will be easier for investors
00:54:46Recently, it has become difficult to come up with a new theme, so I think there is a possibility that the IPO will create a new trend, so I would like to pay attention to that.
00:54:59After this is an update on AmeCub.
00:55:01An expert will explain the America Cub that will be of interest this year.
00:55:17I found it.
00:55:18Accelerating technology.
00:55:20Changing business environment.
00:55:22A mountain of management issues.
00:55:24The future of DX.
00:55:26To a better tomorrow.
00:55:28To a brighter future.
00:55:29Would you like to go?
00:55:32Now, let's get started.
00:55:34Navigate the management of the DX era.
00:55:37Please consult anything.
00:55:39Cheer up Japanese companies.
00:55:41MJS Charming Information Service
00:55:44Mirai4Earth
00:55:49Mirai4Earth continues to work as a treasure of the local community for the realization of a sustainable future.
00:56:00Mirai4Earth, which makes people and the future of the earth happy with the power to design a sustainable environment.
00:56:09The next movement starts here.
00:56:12Mirai4Earth
00:56:15This program was brought to you by the following sponsors.
00:56:25This program was brought to you by the following sponsors.
00:56:29This program was brought to you by the following sponsors.
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00:56:36You will benefit from driving safely.
00:56:39Do you know Sony Sonpo's cashback plan for safe driving?
00:56:44Using the app, you can measure your driving.
00:56:47If you drive safely, you will receive up to 30% of your insurance.
00:56:53Benefit.
00:56:55It would be nice if the benefits spread to those who drive safely.
00:56:59How about your car insurance?
00:57:01If you compare it, it's still Sony Sonpo.
00:57:19What's wrong with this?
00:57:25The next program was brought to you by the following sponsors.
00:57:34Gold is a treasure that you can enjoy and use.
00:57:39And it is a treasure that you can inherit from your parents and from your children.
00:57:44In the best form.
00:57:47SGC Gold Shop
00:57:49Please see the true shine in the store nearby.
00:57:53Gold, Silver, and Platinum will be purchased.
00:57:56Daioh Gonten, Takashimaya, Shinjuku.
00:57:59Starting on January 8th, SGC.
00:58:05This is the AmeCup Update, where we bring you the latest information about the U.S. stock market.
00:58:11Today's guest is Koichiro Ogawa from Iwaikosumo.
00:58:15Thank you for joining us.
00:58:16Thank you for having me.
00:58:18Now, let's move on to today's topic.
00:58:22What are some of the most eye-catching names for 2025?
00:58:28Yes.
00:58:29The top three names.
00:58:31The real names.
00:58:32Ten times the expectations.
00:58:33Anshin.
00:58:34Those are the three names.
00:58:36Let's take a closer look.
00:58:39What will the first name be?
00:58:42Yes.
00:58:43It's Netflix.
00:58:45It's this year's real name.
00:58:48As you can see, it covers more than 190 countries around the world.
00:58:56It's amazing.
00:58:57Recently, it's been featured in boxing, NFL, and American football.
00:59:04Is there anything that stands out about Netflix?
00:59:09Yes.
00:59:10It's a dream come true.
00:59:12It's a dream come true.
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