Shigeru Ishiba, a prominent Japanese politician, is set to become Japan’s next leader. His election is expected to shake up the stock market, according to analysts. Ishiba is known for his conservative views and military background.
Made an appearance on The Asia Trade on @BloombergTV, discussing Ishiba’s “surprise” victory and what to expect ahead from his administration. My segment is from around 33:00~39:00. https://t.co/gYHoZEmTKO
— Rintaro Nishimura | 西村凜太郎 (@RinNishimura) September 30, 2024
He has been a powerful figure in Japanese politics for a long time. His election could lead to new policy changes in Japan’s economy. This could cause ups and downs in the stock market.
New LDP President Ishiba wants to make "sure that Japan is able to work with regional partners in a way that it doesn't completely rely on the United States to be engaged in a conflict with China." – Rintaro Nishimura, Associate at Japan Practice
READ: https://t.co/RCywwVESev
— The Asia Group (@TheAsiaGroup) September 27, 2024
Market experts are watching the situation closely. They predict both possible risks and opportunities with Ishiba in power.
Ishiba’s impact on Japan’s stock market
Ishiba may revisit some of his campaign policies that unsettled his foreign policy advisers, said Kotani, the foreign affairs specialist, who expects Ishiba to govern pragmatically.
“And he will be surrounded by reasonable people.”https://t.co/XzZUAO6dBE
— Tetsuo Kotani/小谷哲男 (@tetsuo_kotani) September 28, 2024
Investors are especially interested in how Ishiba’s policies might be different from past leaders. They want to know about his plans for government spending and trade with other countries. Japan’s economy has faced many challenges in recent decades.
These include deflation and an aging population. It needs a smart leader to handle the difficult global economy. The effects of Ishiba becoming leader could be felt not just in Japan but in markets around the world.
Analysts warn that at first, markets could be jittery as investors react to his proposed economic policies. As Japan gets ready for this possible change in leadership, people involved are advised to stay informed. They should think about how it could impact their investment plans.
