Takashi Kamiya Interest Quotations

The Fed minutes were a positive surprise as investors hadn't anticipated an end to interest rate increases at the time of the meeting. With strong earnings results both at home and in the U.S., all the good news came out at the same time and encouraged investors to bet on stocks.

Real estate stocks have had a good run, but once interest rates start to rise, the present value of developers' future earnings will start decrease. Shipping lines are in for a tough time.

Once interest rates start to rise, the present value of developers' future earnings will start to decrease.