Rebirth 79: I opened a bank in the United States

Chapter 1001 The potential for yen appreciation is still there
Mid-state living is like being in the countryside!
very slow pace
After waking up naturally in the morning, Mr. Guzman has gone to work in the city, while Mrs. Guzman will prepare breakfast for the new "sons" in the kitchen.

The Guzman family's farm primarily grows wheat, which in most of the central United States is winter wheat.At this time, neither sowing nor harvesting is required, only fertilization and weeding, etc., and Rick and the others have already helped to finish the work in the few days they were there.

Therefore, every time after breakfast, a few people would move the tables and chairs outside the house, beside the wheat field.Put on the snacks you bought, make a pot of coffee, and add a little milk that is freshly squeezed from the ranch next door and has a slight fishy smell.

Mrs. Guzman would talk about Karp's childhood stories and care about everyone's life; while Carter and the others would laugh and tell all the interesting things about Karp in the army.

Although the days are a bit salty, there is no reason, and Carter suddenly feels that such a life seems to be good.

After everyone worked together to set up the large national flag presented by the Funeral Bureau of Denver Air Force Base before and after Guzman's house surrounded by wheat fields, the time for parting came!

After making an appointment to meet again next time, at Lincoln Airport, Carter and Rick went in different directions.

After returning to Los Angeles, Carter put on the mask.

In the Polk camp, he is a promising captain and the responsible officer of more than 100 soldiers; at home, he is the de facto head of the family. After Anna's new company stabilizes, Carter needs to worry about Melis's life.Even if she is working as a life assistant for a starlet, Carter will worry about whether she will be polluted by that big dye vat or something
Whenever he thinks back to Nebraska, where 93% of the state's land is farm and ranch, Carter seems to understand what "escaping" means.Occasionally escaping from one's social attributes, one's own identity, and simply being oneself is indeed relaxing.

That may not be a luxury enjoyment, but the inner relaxation and tranquility cannot be brought by those expensive experiences.

While Carter returned to normal life, the Japanese stock market finally couldn't hold back!
In fact, as early as last year, when the interest rate was raised to 3.75%, the Nikkei index fell sharply.It was just that at that time, there was sufficient confidence, coupled with the disadvantages brought about by the Japanese crony capitalist model, that is, the characteristics of mutual help among subsidiaries and branches that are unique to the consortium system that controls the lifeline of the Japanese economy.

The first time the stock market fell, when the stock prices of companies belonging to a certain consortium began to fall, the rest of the companies in the consortium would take action to help them recover their stock prices.In addition, the confidence in the private market is very high. After seeing the stock price rebound, I will wonder if I have too many worries and thought wrong
Ever since, the Japanese stock market, which had not fallen for a long time, climbed again.And at the end of the year, it returned to the original point. Similarly, this behavior also led to a more violent interest rate hike!
6%!

By this time, everyone realized that Japan's determination to de-bubble was dead.A drop in stock prices is inevitable
But as of now, Japan's property market prices are relatively stable.It is still maintained at a relatively high position. At the same time, fluctuations in the exchange rate are relatively controllable, maintaining a fluctuation of around 120 yen to 1 US dollar.

For Carter, who has cleared his real estate as a yen currency asset, what he is waiting for now is a window on the exchange rate. 120 yen is exchanged for 1 dollar, and Carter thinks it is not enough!

Logically speaking, the most-mentioned yen-dollar exchange rate in history is 120 yen to 1 dollar, which has doubled in value compared to 85 yen to 240 dollar 1 years ago.

But as the era progresses, from the current perspective, Carter feels that the yen still has the potential to appreciate!
To look at the exchange rate relationship between the yen and the US dollar, we must look at it from two perspectives:

one dollar.What is the situation in the United States today, Carter knows it all too well!
The stock market crash in 87 led to lower market confidence and less enthusiasm for speculation, in other words.Although most people can still keep their jobs, unlike in 81 and 82, when one out of ten people lost their jobs, that only ensures a relatively stable life.The attitude of most people has changed from optimistic to pessimistic about the profitability of remaining asset investment.

This change in sentiment has directly led to the lack of economic activity in the United States today, and the relative bleakness of the future.There is no investment anymore, and the living money in the market is not moving much, so where is the development and future of those enterprises? !

American companies are no longer the darlings of international capital, so the demand for dollars does not seem to be as great as it used to be.Secondly, in terms of products, it cannot be denied that the quality of Japanese products is no less than that of American products in the eyes of consumers around the world.Except for some cutting-edge equipment that needs to be purchased from the United States, Japan, which is of high quality and low price, has become the first choice of many consumers.

Two, the yen.In sharp contrast to the lack of vitality of American companies since 87, Japan, regardless of whether it is a bubble or not, at least last year, among the top ten large companies in the world, 7 were Japanese companies.

In addition, Japan insists that the local currency cannot be freely convertible, which also leads to insufficient supply of yen.With the rise of Japan's international status, the best-selling of Japanese products and the vigorous growth of Japanese companies, these good news have become a trend of people rushing to invest in Japan.

Many people want to invest in Japan, even including Carter, it is not without this idea.But the exchange control on foreign exchange, this threshold stops too many people.

And people are sometimes a kind of cheap creatures. The so-called "unavailable things are always in turmoil". The more difficult things are, the more they will be sought after. In the capital market, it is actually difficult to escape this law .

Japan, which is difficult to invest in, has become sweeter and more delicious.People's confidence in the yen even surpassed that of the dollar. At this time, the Bank of Japan announced to raise interest rates again and announced that it would implement a deflationary policy.
That means that the supply of yen will become even scarcer in the future!
This possibility has been reflected up to now: the yen seems to have become more valuable!
Even though the stock market has fallen, it is still hard to find a coin in the foreign exchange market.

From a theoretical point of view, the more Japan engages in defoaming, the more valuable the yen will be; judging from what is actually shown, the market conditions in the foreign exchange market also show that the value of the yen itself has not been hit. There is even a gradual improvement!

Of course, this slow pace is also due to intervention. If there is no intervention, Carter believes that the current yen exchange rate will definitely break through 120.
Combining the current situation with his own analysis, Carter decided to wait!
Even if Japan's foreign exchange control is liberalized, it will also wait for the yen to continue to appreciate!
As for the lack of confidence in waiting until Japan's bubble bursts
The question is, after the bubble bursts, Japan's confidence will be lost, but what about international capital? !

They will not necessarily lose confidence in the yen.

(End of this chapter)