In a press conference held after the annual peace memorial ceremony in Hiroshima on Tuesday, Prime Minister Fumio Kishida addressed the issue of turbulent stock prices. Taking a measured approach, he emphasized the importance of evaluating the situation with a calm and rational mindset.
Kishida’s comments come amidst recent fluctuations in the stock market, raising concerns among investors and the public. Acknowledging these concerns, the Prime Minister sought to provide reassurance and guidance to the nation.
“I understand that the current volatility in the stock market has caused anxiety among many people,” expressed Kishida, displaying his understanding of the public’s apprehensions. He further emphasized the need for a composed analysis of the situation.
To gain further insight into this matter, prominent financial experts shared their opinions on fluctuating stock prices. Renowned economist Dr. Yukihiro Sayama shed light on possible reasons behind these fluctuations.
“Several factors may contribute to the volatility we are witnessing in the stock market,” explained Sayama. He cited global uncertainties such as ongoing pandemic and geopolitical tensions as key drivers affecting investor sentiment and market stability.
Furthermore, Sayama emphasized that investors should adopt a long-term perspective when examining stock market fluctuations. “While short-term fluctuations can be unsettling, it is crucial to remember that stocks tend to trend upwards in the long run,” he stated.
Kishida echoed this sentiment during his press conference by emphasizing maintaining a broader perspective. “The stock market operates on various factors including both domestic and international events. It is essential to assess overall trends rather than get caught up in short-term fluctuations,” he advised.
To provide a comprehensive view on this issue, Haruko Tanaka, a well-known financial analyst noted impact of speculation and investor behavior on stock prices. “The rise of day trading and retail investors have introduced elements of volatility within markets contributing to sharper price movements,” shared Tanaka.
However, Tanaka also highlighted markets’ self-correcting nature over time as excessive speculation tends to be dampened as investors learn from their experiences and adjust their strategies accordingly she elaborated
Prime Minister Kishida reaffirmed government’s commitment during conclusion of press conference by closely monitoring developments within stock markets assuring public that government would take appropriate measures if necessary maintaining stability protecting interests of investors