929, the Plaza Accord is coming!!(2/2)
"Naoki-san... is the trend of yen appreciation definitely coming?!"
"Hahaha, of course!"
In order to make Wonta Nakai feel more at ease, Naoki Nagayama took the "Sankei Shimbun" on the table and flipped through it, and found a report and pointed it out to Wonta Nakai:
"Yuan Taisang, look... the news that the United States invited Neon Finance Minister Noboru Takeshita to visit the United States has already been published~"
"There are also the Finance Minister of the Federal Republic of Germany, the Finance Minister of France, the Finance Minister of the United Kingdom and the presidents of the central banks of five countries..."
As the director of an investment company, Wonta Nakai has naturally seen this information, but he is still a little unsure:
"But... Naoki-san, are you so sure that you will reach an agreement where the yen will rise and the dollar will depreciate?"
"certainly....."
I also know that it is called the Plaza Accord! I also know that the yen will continue to appreciate in the next few years!
In fact, in this era, in the view of Neon economists, the depreciation of the US dollar and the appreciation of the yen are good for Neon. The appreciation of the yen will rapidly increase the value of Neon's wealth and make it easier for Neon's companies to go out.
Go out and expand massively overseas...
Therefore, the signing of the Plaza Accord did not actually feel like coercion or inducement from the United States. It even made Neon feel that it actually took advantage.
If the subsequent monetary policy had not allowed a large amount of funds to be invested in real estate, stocks and other non-production tools, but instead invested in industry, then perhaps it would not have caused future economic bubbles...
Nakai Wonta's mood stabilized a little, and he sat down and poured a cup of tea for Nagayama Naoki:
"Naoki-san, the key now is that our funds are all in the hands of that investment manager in the United States... I'm a little worried~"
"That's right..." Nagayama Naoki nodded, "It's indeed a bit far away..."
This chapter is not over yet, please click on the next page to continue reading! After thinking for a while:
"Let's see...Yuan Taisang, how about you go to the United States on a business trip this month!"
"Eh?"
"By mid-to-late term, the agreement should be out... We need to operate in advance..." Naoki Nagayama explained, "Although I have already explained it to Aldrich, there are still
You will feel more at ease if you go there on your own..."
Nakai Wonta was silent and thought for a while:
"How long will it take this time?"
"I will probably be in the United States in September!" Naoki Nagayama said, "Then until the end of the year, I will go there at least once a month..."
In less than 3 months after the Plaza Accord came into effect, the exchange rate between the Japanese yen and the US dollar rapidly appreciated from 1 US dollar to 250 yen to 1 US dollar to 200 yen, an increase of 20%... Although it still appreciated after that
, but the amplitude tends to be stable.
"That's not a problem..." Wonta Nakai nodded. As someone from an investment company, business trips are a common occurrence.
"But just until the end of the year?"
"No... Next year, we will still have to send people there on time..." Nagayama Naoki said, "But when the time comes next year, we will take part of the money back and invest in the country..."
"Domestic investment? But didn't Naoki-san say that the exchange rate between Japan and the United States will continue to rise? Wouldn't that make money all the time?"
"But the domestic stock market and property market will be even more crazy about making money at that time!" Nagayama Naoki said with a smile, "You can't put your eggs in one basket..."
"Hi....."
Although he was a little confused, Wonta Nakai nodded seriously in the end, "I will book a flight ticket in the next two days and go directly to the United States!"
“Then it’s so hard, Yuan Taisang!”
Naoki Nagayama and Wonta Nakai joked,
"I just want Yuan Taisang to be separated from his family for a long time~"
"Ha~ It's only been a month~"
Naoki Nagayama hadn't appeared in Shuyou Capital's company for a long time, and he had a short chat with several employees of the company.
Now all their funds have gone to the U.S. foreign exchange market, and most of Shuyou Capital’s accounts are funds from other individual investors.
Due to the high profitability of Shuyou Capital in the past two years, many customers have come here to entrust Shuyou Capital to manage their funds.
So everyone is still very busy~
"Mina-san... remember to take out funds from export-oriented industries such as electrical appliances and automobiles during this period, and invest them in real estate..." Naoki Nagayama and the operators asked, "In the future
For a period of time, the foreign export industry may experience some twists and turns."
The appreciation of the yen will naturally increase the cost of exports!
So it will have an impact on export-led industries~
But for real estate, it is a huge benefit!
"Remember, real estate will be a very good investment direction in the next five years!"
"Hi~~"
Chapter completed!