A Reuters survey shows that 56% of economists believe that the Bank of Japan will raise interest rates again in December, and 90% of economic analysts think that the Bank of Japan will raise the rate to 0.50% by the end of March next year. The median estimate from economic analysts indicates that the terminal rate of the Bank of Japan is 1.00%.
Does everyone still remember the darkest moment of 805?
The unemployment rate announced on the evening of August 2 rose by 0.2 percentage points to 4.3% compared to last month, triggering the Sam Rule, which is a recession alert.
Berkshire Hathaway, owned by Buffett, reported on August 3 that it reduced its stake in Apple by 400 million shares, a reduction of 50%, cashing out approximately 88 billion dollars.
Subsequently, Japan raised interest rates, leading to a withdrawal of investment funds and a massive sell-off of stocks. At that time, both Bitcoin and Ethereum plunged together, causing many people to face liquidation.
This time, if it is only Japan raising interest rates, the potential for a decline is likely limited. Just a reminder for everyone who sees this article to stay in cash and observe.