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President Trump has posted a new announcement on Truth Social, the social media platform. He wrote:
“Japan has just elected its first female Prime Minister, a highly respected person of great wisdom and strength. This is tremendous news for the incredible people of Japan. Congratulations to all! President Donald J. Trump”
How Will Trump’s Statement Affect the Stock Market?
This latest post has the potential to affect the stock market. That’s because Donald Trump’s endorsement of Japan’s first female Prime Minister could boost investor confidence, potentially leading to a positive impact on the iShares MSCI Japan ETF. The perception of political stability and progressive leadership may attract more foreign investments into Japanese markets. However, the actual market response will depend on the new Prime Minister’s economic policies and their alignment with investor expectations.
Here are some of the stocks that might be affected:
iShares MSCI Japan ETF ((EWJ)).