Podcasts about TOPIX

Live from the Morgan Stanley Japan Summit, our analysts Chiwoong Lee and Sho Nakazawa discuss their outlook for the Japanese economy and stock market in light of the country's evolving trade partnerships with the U.S. and China.Read more insights from Morgan Stanley.----- Transcript -----Lee-san: Welcome to Thoughts on the Market. I'm Chiwoong Lee, Principal Global Economist at Morgan Stanley MUFG Securities.Nakazawa-san: And I'm Sho Nakazawa, Japan Equity Strategist at Morgan Stanley MUFG Securities.Lee-san: Today we're coming to you live from the Morgan Stanley Japan Summit in Tokyo. And we'll be sharing our views on Japan in the context of global economic growth. We will also focus on Japan's position vis-à-vis its two largest trading partners, the U.S. and China.It's Tuesday, May 20, at 3pm in Tokyo.Lee-san: Nakazawa-san, you and I both have been talking with a large number of clients here at the summit. Based on your conversations, what issues are most top of mind right now?Nakazawa-san: There are many inquiries about how to position because of the uncertainty of U.S. trade policy and the investment strategy for governance reform. These are both catalysts for Japan. And in Japan, there are multiple governance investment angles, with increasing interest in the removal of parent-child listings, which is when a parent company and a subsidiary company are both listed on an exchange. This reform [would] remove the subsidiaries. So, clients are very focused on who will be the next candidate for the removal of a parent-child listing.And what are you hearing from clients on your side, Lee-san?Lee-san: I would say the most frequent questions we received were regarding the Trump administration's policies, of course. While the reciprocal tariffs have been somewhat relaxed compared to the initial announcements, they still remain very high; and there was a strong focus on their negative impact on the U.S. economy and the global economy, including Japan. Of course, external demand is critical for Japanese economy, but when we pointed out the resilience of domestic demand, many investors seemed to agree with that view.Nakazawa-san: How do investors' views square with your outlook for the global economy over the rest of the year?Lee-san: Well, there was broad consensus that tariffs and policy uncertainty are negatively affecting trade and investment activities across countries. In particular, there is concern about the impact on investment. As Former Fed Chair Ben Bernanke wrote in his papers in [the] 1980s, uncertainty tends to delay investment decisions. However, I got the impression that views varied on just how sensitive investment behavior is to this uncertainty.Nakazawa-san: How significant are U.S. tariffs on global economy including Japan both near-term and longer-term?Lee-san: The negative effects on the global economy through trade and investment are certainly important, but the most critical issue is the impact on the U.S. economy. Tariffs essentially act as a tax burden on U.S. consumers and businesses.For example, in 2018, there was some impact on prices, but the more significant effect was on business production and employment. Now, with even higher tariff rates, the impact on inflation and economic activity is expected to be even greater. Given the inflationary pressures from tariffs, we believe the Fed will find it difficult to cut rates in 2025. On the other hand, once it becomes feasible, likely in 2026, we anticipate the Fed will need to implement substantial rate cuts.Lee-san: So, Nakazawa-san, how has the Japanese stock market reacted to U.S. tariffs?Nakazawa-san: Investors positioning have skewed sharply to domestic-oriented non-manufacturing sectors since the U.S. government's announcement of reciprocal tariffs on April 2nd. Tariff talks with some nations have achieved some progress at this stage, spurring buybacks of export-oriented manufacturer shares. However, the screening by our analysts of the cumulative surplus returns against Japan's TOPIX index for around 500 stocks in their coverage universe, divided into stocks relatively vulnerable to tariff effects and those less impacted, finds a continued poor performance at the former. We believe it is important to enhance the portfolio's robustness by revising sector skews in accordance with any progress in the trade talks and adjusting long/short positioning with the sectors in line with the impact of the tariffs.Lee-san: I see. You recently revised your Topix index target, right. Can you quickly walk us through your call?Nakazawa-san：Yes, of course. We recently revised down our base case TOPIX target for end-2025 from 3,000 to 2,600. This revision was considered by several key factors: So first, our Japan economics team revised down its Japanese nominal growth forecast from 3.7% to 3.3%, reflecting implementation of reciprocal tariffs and lower growth forecasts for the U.S., China, and Europe. Second, our FX team lowered its USD/JPY target from 145 to 135 due to the risk of U.S. hard data taking a marked turn for the worse. The timing aligns with growing uncertainty on the business environment, which may lead firms to manage cash allocation more cautiously. So, this year might be a bit challenging for Japanese equities that I recommend staying defensive positioning with defensive non-manufacturing sectors overall.Nakazawa-san: And given tariff risks, do you see a change in the Bank of Japan's rate path for the rest of the year?Lee-san: Yeah well, external demand is a very important driver of Japanese economy. Even if tariffs on Japan do not rise significantly, auto tariffs, for example, remain in place and cannot be ignored. The earnings deterioration among export-oriented companies, especially in the auto sector, will take time for the Bank of Japan to assess in terms of its impact on winter bonuses and next spring's wage growth. If trade negotiations between the U.S. and countries including Japan make major progress by summer, a rate hike in the fall could be a risk scenario. However, our Japan teams' base case remains that the policy rate will be unchanged through 2026.Lee-san: How is the Japanese yen faring relative to the U.S. dollar, and how does it impact the Japanese stock market, Nakazawa-san?Nakazawa-san：I would say USD/JPY is not only driver for Japanese equities. Of course, USD/JPY still plays a key role in earnings, as our regression model suggests a 1% higher USD/JPY lifting TOPIX 0.5% on average. But this sensitivity has trended down over the past decade. A structural reason is that as value chain building close to final demand locations has lifted overseas production ratios, which implies continuous efforts of Japanese corporate optimizing global supply chain.That said, from sector allocation perspective, sectors showing greater resilience include domestic demand-driven sectors, such as foods, construction & materials, IT & services/others, transportation & logistics, and retails.Nakazawa-san: And finally, the trade relationship between Japan and China is one of the largest trading partnerships in the world. Are U.S. tariffs impacting this partnership in any way?Lee-san: That's a very difficult question, I have to say, but I think there are multiple angles to consider. Geopolitical risk remains to be a key focus, and in terms of the military alliance, Japan-U.S. relationships have been intact. At the same time, Japan faces increased pressure to meet U.S. demands. That said, Japan has been taking steps such as strengthening semiconductor manufacturing and increasing defense spending, so I believe there is a multifaceted evaluation which is necessary.Lee-san: That said, I think it's time to head back to the conference. Nakazawa-san, thanks for taking the time to talk.Nakazawa-san: Great speaking with you, Lee-san.Lee-san: And thanks for listening. If you enjoy Thoughts on the Market, please leave us a review wherever you listen and share the podcast with a friend or colleague today.

「15日東京株式市場前場　422円39銭安の3万7705円74銭」　15日の東京株式市場は、外国為替市場の円相場が円高傾向で推移していることなどから輸出関連銘柄を中心に売りが広がりました。日経平均株価は、400円以上値を下げています。15日の東京株式市場の日経平均株価、午前の終値は、14日に比べ422円39銭安い、3万7705円74銭、TOPIX（東証株価指数）は、2736.47でした。

「2日東京株式市場前場　関税交渉に期待 株価上昇　3万6705円53銭で終了」　日経平均株価が一時500円以上値を上げました。2日の東京株式市場は、日米の2回目の関税交渉が終了し協議が進展することへの期待が広がる中、円相場での円安進行を受けて幅広い銘柄に買い注文が入りました。2日の東京株式市場の日経平均株価、午前の終値は、1日に比べ、253円23銭高い、3万6705円53銭、TOPIX（東証株価指数）は、2683.61でした。

Gabe recounts the tales of their neurologist who Allison hates. R/casualconversation brings us an awkward misunderstanding about cereal and bicycles, baby teeth and the Bill Clinton scandal. Gabe drops insane pizza lore from his time as a reporter. An OP in R/askwomen asks what the best piece of gossip you've ever heard is. Finally, an evil stepmother.Check out all of our content on Patreon, Ad Free! Watch the full episodes of TLDRI, listen to the full episodes of The Variety Show, watch the International Question and Topix videos, join us for a monthly livestream, PLUS MORE:https://www.patreon.com/justbetweenusThis has been a Gallison ProductionProduced by Melisa D. Monts and Diamond MPrint ProductionsPost-Production by Coco LlorensProduction Assistance by Melanie D. WatsonOur Sponsors:* Check out Happy Mammoth and use my code JUSTBETWEENUS for 15% off!* Check out Rosetta Stone and use my code TODAY for a great deal: https://www.rosettastone.comSupport this podcast at — https://redcircle.com/just-between-us/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

En este episodio, repasamos los temas más importantes del día: • Wall Street expectante por el PCE: Los futuros bajan con $SPX -0.1%, $US100 -0.3% y $INDU estable. El bono a 10 años cae a 4.16%. Los inversionistas aguardan los datos del PIB (+0.2% esperado), empleo ADP (+125K) y el reporte clave del PCE (+0.1% mensual y +2.6% anual esperado). • Waymo y Toyota se alían en movilidad autónoma: $GOOGL y Toyota anuncian una colaboración para desarrollar una nueva plataforma de robotaxis. El proyecto incluye a Woven by Toyota y apunta al futuro de la propiedad personal de vehículos autónomos. Llega tras pruebas de Waymo en Tokio. • Sony impulsa al Topix con rumor de escisión: $SONY sube +7.1% en Tokio tras reportes de que escindirá su negocio de semiconductores este año. Los inversionistas celebran la medida como catalizador para liberar valor dentro del conglomerado japonés. • JetBlue y United exploran nueva alianza: $JBLU y $UAL negocian un acuerdo que permitiría conectar vuelos y compartir millas sin coordinar tarifas ni horarios. La propuesta busca evitar conflictos legales como los que enfrentó la NEA entre $JBLU y $AAL. El mercado sigue atento a su evolución. Un episodio que conecta inflación, transporte autónomo, movimientos corporativos y alianzas en la aviación. ¡Dale play y no te lo pierdas!

「28日東京株式市場前場　182円15銭高の3万5887円89銭で終了」　日経平均株価が一時300円以上、値を上げました。週明けの東京株式市場は、いわゆるトランプ関税への警戒感の後退から先週末のアメリカ市場で主な指数がそろって上昇した流れを受け、買い注文が広がりました。平均株価は先週から4営業日連続の上昇で、一時3万6000円台を回復しています。28日の東京株式市場の日経平均株価、午前の終値は、先週末25日に比べ、182円15銭高い、3万5887円89銭、TOPIX(東証株価指数)は、2655.23でした。

Gabe and Allison disagree on apple flavoring. A listener writes in to ask what to do about their obsessive thoughts about their ex, even though they're in a different relationship. Author Anu Gupta joins the show to talk about bias as a learned habit and how to listen and engage with people we want to examine their bias. Then, mermaids and the French Excursion. And finally, physical pain.Check out all of our content on Patreon, Ad Free! Watch the full episodes of TLDRI, listen to the full episodes of The Variety Show, watch the International Question and Topix videos, join us for a monthly livestream, PLUS MORE:https://www.patreon.com/justbetweenusThis has been a Gallison ProductionProduced by Melisa D. Monts and Diamond MPrint ProductionsPost-Production by Coco LlorensProduction Assistance by Melanie D. WatsonOur Sponsors:* Check out Happy Mammoth and use my code JUSTBETWEENUS for 15% off!* Check out Rosetta Stone and use my code TODAY for a great deal: https://www.rosettastone.comSupport this podcast at — https://redcircle.com/just-between-us/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

「東京株式市場はアメリカ市場の株高を受けほぼ全面高の展開　一時3万5000円台を回復」　日経平均株価が一時、900円以上値を上げました。23日の東京株式市場は、前日のアメリカ市場の株高を受けてほぼ全面高の展開となり、平均株価は一時、節目の3万5000円台を回復しました。23日の東京株式市場の日経平均株価、午前の終値は、22日に比べ、588円20銭高い、3万4808円80銭、TOPIX（東証株価指数）は、2576.20でした。

「22日東京株式市場前場　株価は一進一退の展開　24円21銭安の3万4255円71銭で終了」　22日の東京株式市場は、トランプ大統領が早期の利下げを再び求めたことなどから、前日のアメリカ市場が続落した流れを受け、下落して取引が始まりました。その後、割安な銘柄に買い注文が入るなどして、日経平均株価は一進一退の展開となりました。22日の東京株式市場の日経平均株価、午前の終値は、21日に比べ、24円21銭安い、3万4255円71銭、TOPIX（東証株価指数）は、2530.26でした。

「21日東京株式市場前場　429円93銭安の3万4300円35銭で終了」　日経平均株価が400円以上値を下げました。東京株式市場は先週末、トランプ政権の関税政策への警戒感が弱まったことで平均株価が上昇しました。週明けは、この反動で利益確定の売り注文が広がっています。さらに、外国為替市場でドルに対する円高が進行していることも相場を押し下げています。21日の東京株式市場の日経平均株価、午前の終値は、先週末18日に比べ、429円93銭安い、3万4300円35銭、TOPIX(東証株価指数)は、2529.01でした。

An OP finds out a very bad family secret and wonders if they should share. Then, someone saw an influencer family recording content in the airport and then going back to real life. It's weird. Gabe and Melisa explain a segment of the news called What Would You Do? Speaking of awkwardness in public, an introverted OP is told to smile by a sandwich clerk. A loyalty tracker ring keeps couples faithful by tracking their emotions and arousal. Then, Jesus heads.Check out all of our content on Patreon, Ad Free! Watch the full episodes of TLDRI, listen to the full episodes of The Variety Show, watch the International Question and Topix videos, join us for a monthly livestream, PLUS MORE:https://www.patreon.com/justbetweenusThis has been a Gallison ProductionProduced by Melisa D. Monts and Diamond MPrint ProductionsPost-Production by Coco LlorensProduction Assistance by Melanie D. WatsonOur Sponsors:* Check out Happy Mammoth and use my code JUSTBETWEENUS for 15% off!* Check out Rosetta Stone and use my code TODAY for a great deal: https://www.rosettastone.comSupport this podcast at — https://redcircle.com/just-between-us/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Tariffs are killing markets. A glimpse int what happens when we take a difference course Markets making some of the wort moves in decades Billionaires - all in on Trump lost billions... WAIT !!!!!! Maybe a 90-day pause on Tariffs now...Or Not... More finesse, less sledge hammer? PLUS we are now on Spotify and Amazon Music/Podcasts! Check this out and find out more at: http://www.interactivebrokers.com Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter  Warm-Up - Markets making some of the worst moves in decades - Billionaires - all in on Trump lost billions... - WAIT !!!!!! Maybe a 90-day pause on Tariffs now...Or Not... - More finesse, less sledge hammer? Markets - Key Reversal Indicator - 1st Green cluster bottom on Monday.. Oversold? - Stock markets slammed - President Trump discussing stocks - Economic Pissing Match - Even more tariffs, or bluffs - VIX HITS 60! -- A Quick Poem - Green Eggs and Navarro --- One of the gents that responded to Vietnam's desire to have zero tariffs as "not enough" DAX on Monday and other Markets - Opened up down 10% - clawed back a bunch by end of the day - European stocks down 1.5% YTD 2024 - US Stock bearing the brunt of the move - Hong Kong (after being closed Friday) - closed Monday DOWN 13%! - Monday in Japan, Markets halted, futures trading suspended as Nikkei and Topix plunge more than 5% --- Follow up - then up 6% the next day - Monday YTD US Markets: Heads Up - Just in... - Tuesday at 12:30PM - 'White House Press Secretary says 104% additional tariffs went into effect at noon eastern time because China has not removed it's retaliation. The 104% additional tariff will be collected starting tomorrow April 9th'  -Markets were trying to right themselves - up big to start the day - then this headline.... - What if  - China comes back at 200%? More: - Tuesday afternoon : White House Secretary Karoline Leavitt answers questions on trade at briefing: President Trump not considering delay in tariffs that are due to go into effect tomorrow at 12:01 AM - Where is the negotiation? Seems like a pissing match or bluff with unlimited funds. If you are interested - Rand Paul making all sorts of sense this morning - Trades are win-win. Trade does not mean that one side has to win and one lose. - https://www.cnbc.com/video/2025/04/08/sen-rand-paul-on-trump-tariffs-trade-is-an-integral-part-of-capitalism.html Stupid - Taiwan's top financial regulator said on Sunday it will impose temporary curbs on short-selling of shares to help deal with potential market turmoil from U.S. President Donald Trump's new import tariffs, and will take other steps as needed. - Taiwan's Financial Supervisory Commission said in a statement it would limit the number of shares that can be sold short and raise the minimum short-selling margin ratio to 130% from 90%, starting from Monday and lasting until Friday. - We have seen how this plays out in the past. More references to bluffing - "I think it was a big mistake, this Chinese escalation, because they're playing with a pair of twos," Bessent said during an interview on CNBC's "Squawk Box." "What do we lose by the Chinese raising tariffs on us? We export one-fifth to them of what they export to us, so that is a losing hand for them." VIX - Hits 60 on Monday - then backs off to 45 - Not often we see a run like that. - Still at 45 shows big concerned about near-term volatility. --- S&P 500 top to bottom 7% move today - VIX was at 37 - back to 52 BREAK - IBKR Billionaires losing $$ - Do we feel bad? - Sample of losses on Liberation Day - Zuck lost $18B - Bezos lost $15B What? - Treasury Secretary Scott Bessent says Americans looking to retire aren't concerned about day...

Dentists once again are untrustworthy. Or are they? An international question asks if it's okay to expect friends not to cancel on plans all the time. Is this a national epidemic? Then, listener and parenting coach Marie Covington joins the show to talk about the pressure to immediately become a perfect parent and caregiver without any guidebook. And finally, flowers are in bloom, birds are singing! It's springtime!Check out all of our content on Patreon, Ad Free! Watch the full episodes of TLDRI, listen to the full episodes of The Variety Show, watch the International Question and Topix videos, join us for a monthly livestream, PLUS MORE:https://www.patreon.com/justbetweenusThis has been a Gallison ProductionProduced by Melisa D. Monts and Diamond MPrint ProductionsPost-Production by Coco LlorensProduction Assistance by Melanie D. WatsonOur Sponsors:* Check out Happy Mammoth and use my code JUSTBETWEENUS for 15% off!* Check out Rosetta Stone and use my code TODAY for a great deal: https://www.rosettastone.comSupport this podcast at — https://redcircle.com/just-between-us/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

A flight from global equities accelerated Monday and investors piled into haven assets as the fallout from US President Donald Trump’s tariffs deepened after China slapped retaliatory measures. From Sydney to Tokyo, Asian stocks plunged at the open along with commodities such as oil and copper. Trading of Nikkei 225 and Topix futures was suspended earlier as a circuit breaker was triggered due to a glut of sell orders, according to a notice on Japan Exchange Group's website. Yields on two-year Treasuries, the most policy sensitive bonds, dropped as much as 22 basis points while the Japanese yen and Swiss franc surged. Chinese stocks are bracing for a grim day when trading resumes after an extended weekend, during which Beijing announced 34% tariffs on all imports from the US. A gauge of US-listed Chinese shares fell 8.9% on Friday. For perspective on the week ahead for markets, we speak with Helen Zhu, Chief Investment Officer and Managing Director at NF Trinity. The tariff moves underscore the heightened concerns across financial markets as Trump attempts to reshape the global trade in Washington’s favor, increasing the risk of a recession. Federal Reserve Chair Jerome Powell made clear that the central bank won’t rush to react to the tariffs, which are likely to have a significant effect on the US economy, including slower growth and higher inflation. We explore what the global selloff could mean for monetary policy with Adam Coons, Co-Chief Investment Officer at Winthrop Capital Management.See omnystudio.com/listener for privacy information.

「「トランプショック」株価 一時3000円近く急落…「相互関税」打ち出しで世界的に株安連鎖の局面」　アメリカのトランプ大統領が「相互関税」を打ち出す中、世界的に株安が連鎖する局面が強まっています。週明けの日経平均株価は、一時3000円近く急落しています。東証アローズから、フジテレビ経済部・福井慶仁記者が中継でお伝えします。世界的に景気が冷え込んでいくとの心配が強まる中、東京市場は全面安の展開となっています。7日の平均株価は取引開始直後から値下がりが加速し、下げ幅は一時2900円を超えて歴代3位の大きさを記録しました。都内の証券会社は、顧客への対応に追われています。トランプ政権が「相互関税」を打ち出し、中国が同じ率の追加関税をかけると発表したことで、世界景気が悪化するとの見通しが一段と強まりました。関税引き上げの応酬への警戒感からリスクを避ける動きが広がる中、市場関係者からは「株価が底入れする兆しが見えない」との声が上がっています。日経平均株価、午前の終値は、先週末4日に比べ、2188円74銭安い、3万1591円84銭、TOPIX（東証株価指数）は、2319.64でした。

Allison has maybe her best intro yet! R/datinghell features a guy who is convinced everyone wants to sleep with him. The trio describe each other as real estate--as one does. r/weirdbuttrue asks for redditors' favorite weird facts in an ineffective way. r/randomthoughts redefines being cool. And finally, are people utilizing their ceiling fans enough? Check out all of our content on Patreon, Ad Free! Watch the full episodes of TLDRI, listen to the full episodes of The Variety Show, watch the International Question and Topix videos, join us for a monthly livestream, PLUS MORE:https://www.patreon.com/justbetweenusThis has been a Gallison ProductionProduced by Melisa D. Monts and Diamond MPrint ProductionsPost-Production by Coco LlorensProduction Assistance by Melanie D. WatsonSupport this podcast at — https://redcircle.com/just-between-us/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

「日経平均株価一時1500円超下落…今年最大の下げ幅　“トランプ関税”への懸念強まり全面安」　トランプ大統領が打ち出す自動車への追加関税を巡る警戒感が一段と強まっています。週明けの日経平均株価は、一時1500円を超えて値を下げ、2025年最大の下げ幅を更新しました。31日の東京株式市場は、全面安となり、平均株価は下げ幅が一時1500円を超えて3万6000円を割り込みました。トランプ政権による自動車への追加関税発動を4月3日に控え、アメリカ市場で株価が大幅安となった流れを受け、幅広い銘柄で売り注文が加速しました。市場関係者の間では、生産減少による悪影響のほか、関税引き上げの応酬での景気落ち込みへの警戒感が強まっています。日経平均株価、午前の終値は、先週末28日に比べ、1428円81銭安い、3万5691円52銭、TOPIX(東証株価指数)は、2667.38でした。

「28日東京株式市場前場　788円31銭安の3万7011円66銭で終了」　日経平均株価が一時800円以上、値を下げました。28日の東京株式市場は、トランプ大統領が表明した自動車への追加関税が企業業績を押し下げるとの懸念から自動車株を中心に幅広い銘柄で値下がりし、全面安の展開となりました。28日の東京株式市場の日経平均株価、午前の終値は、27日に比べ、788円31銭安い、3万7011円66銭、TOPIX(東証株価指数)は、2758.83でした。

「27日東京株式市場前場　トランプ関税受け一時400円超安　3万7674円03銭で終了」　トランプ関税発動で日経平均株価が一時、400円以上、値を下げました。アメリカのトランプ大統領が、輸入する全ての自動車に25％の関税を課すと表明したことを受けて前日のアメリカの株式市場は主な株価指数がそろって下落しました。27日の東京株式市場の日経平均株価、午前の終値は、26日に比べ、353円26銭安い、3万7674円03銭、TOPIX(東証株価指数)は、2800.58でした。

Gabe shares his feelings on seeing his videos pre-transition. A nonbinary listener from Colorado asks how to explain to their MAGA family why they are going no contact with them without their family thinking they're being brainwashed by the left. Then, Lucy Rose joins the pod to talk about writing a horror novel, why genre is so fun, and how cannibalism dovetails with parenthood. And finally, Allison did the voices for her rom com novel's audiobook and she was VERY nervous.Check out all of our content on Patreon, Ad Free! Watch the full episodes of TLDRI, listen to the full episodes of The Variety Show, watch the International Question and Topix videos, join us for a monthly livestream, PLUS MORE:https://www.patreon.com/justbetweenusThis has been a Gallison ProductionProduced by Melisa D. Monts and Diamond MPrint ProductionsPost-Production by Coco LlorensProduction Assistance by Melanie D. WatsonOur Sponsors:* Check out Diet Smoke and use my code JUSTBETWEENUS20 for a great deal: https://www.dietsmoke.com* Check out Happy Mammoth and use my code JUSTBETWEENUS for a great deal: https://happymammoth.com* Check out Rosetta Stone and use my code TODAY for a great deal: https://www.rosettastone.comSupport this podcast at — https://redcircle.com/just-between-us/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

「24日東京株式市場前場　9銭安い3万7676円97銭で終了」　東京株式市場は、先週末のアメリカ市場で主な指数が揃って上昇した流れを受けて買い注文が先行しましたが、その後は利益を確定する売りも出て、日経平均株価は、一進一退の展開となりました。24日の東京株式市場の日経平均株価、午前の終値は、先週末21日に比べ、09銭安い、3万7676円97銭、TOPIX(東証株価指数)は、2794.67でした。

S&P futures are pointing to a flat open today, down (0.07%). Asian equities traded mixed, with notable weakness in Greater China markets, while Japan's Topix outperformed. European markets are trading lower this morning, with major indexes all edging down. Companies Mentioned: T-Mobile, General Motors, Hyundai, Foxconn, Mitsubishi Motors

Melisa and Gabe know a lot about Hamlet. Allison brings us a tale from r/amItheAngel that involves cheating and a very stupid man. R/nicegirls has a text thread from a girl who threatens someone with using her uncle's political power? A former Bachelor contestant has become a bonkers evangelical podcaster with her billionaire husband. And finally, elephants.Elephant Video:  https://www.youtube.com/watch?v=foahTqz7On4Check out all of our content on Patreon, Ad Free! Watch the full episodes of TLDRI, listen to the full episodes of The Variety Show, watch the International Question and Topix videos, join us for a monthly livestream, PLUS MORE:https://www.patreon.com/justbetweenusThis has been a Gallison ProductionProduced by Melisa D. Monts and Diamond MPrint ProductionsPost-Production by Coco LlorensProduction Assistance by Melanie D. WatsonOur Sponsors:* Check out Diet Smoke and use my code JUSTBETWEENUS20 for a great deal: https://www.dietsmoke.com* Check out Happy Mammoth and use my code JUSTBETWEENUS for a great deal: https://happymammoth.com* Check out Rosetta Stone and use my code TODAY for a great deal: https://www.rosettastone.comSupport this podcast at — https://redcircle.com/just-between-us/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

「19日東京株式市場前場 円安傾向受け株価上昇　261円85銭高の3万8107円27銭で終了」　日経平均株価の上げ幅が200円を超えました。19日の東京株式市場、朝方はアメリカ市場の株安の流れから売りが先行したものの、円相場での円安傾向を受けて輸出関連銘柄が買われる展開となりました。19日の東京株式市場の日経平均株価、午前の終値は、18日に比べ、261円85銭高い、3万8107円27銭、TOPIX(東証株価指数)は2812.84でした。

「17日東京株式市場前場　422円14銭高の3万7475円24銭で終了」　日経平均株価が一時、500円以上値を上げました。週明けの東京株式市場は、多くの銘柄で買い注文が広がっています。また、円安基調が続いていることも相場を押し上げています。17日の東京株式市場の日経平均株価、午前の終値は、先週末14日に比べ、422円14銭高い、3万7475円24銭、TOPIX(東証株価指数)は、2747.62でした。

「14日東京株式市場前場 円安進行受け株価上昇　129円09銭高の3万6919円12銭」　14日の東京株式市場は、トランプ大統領の関税政策を巡る懸念から、前日のアメリカ市場で主な株価指数が下落した流れを受け、売り注文が先行しました。その後は、円相場での円安進行が相場を押し上げ、日経平均株価は上昇に転じています。14日の東京株式市場の日経平均株価、午前の終値は、13日に比べ、129円09銭高い、3万6919円12銭、TOPIX(東証株価指数)は2709.04でした。

「13日東京株式市場前場　株価一時500円超値上げ　354円73銭高の3万7173円82銭で終了」　13日の東京株式市場は、前日のアメリカ市場でハイテク関連の株価が上昇した流れを受け、半導体関連銘柄を中心に買い注文が広がりました。円相場がやや円安にふれたことも相場を下支えし、日経平均株価は一時、500円以上値を上げました。13日の東京株式市場の日経平均株価、午前の終値は、12日に比べ、354円73銭高い、3万7173円82銭、TOPIX(東証株価指数)は、2718.63でした。

Everyone has hand problems. Then, a listener writes in wondering about a potential situationship who insists he's too broken to date. Next, former hospice nurse and death doula Suzanne O'Brien joins for an incredible conversation about “a good death.” And finally, Melisa and Gabe explain dog whistles and their true meanings.Check out all of our content on Patreon, Ad Free! Watch the full episodes of TLDRI, listen to the full episodes of The Variety Show, watch the International Question and Topix videos, join us for a monthly livestream, PLUS MORE:https://www.patreon.com/justbetweenusThis has been a Gallison ProductionProduced by Melisa D. Monts and Diamond MPrint ProductionsPost-Production by Coco LlorensProduction Assistance by Melanie D. WatsonOur Sponsors:* Check out Diet Smoke and use my code JUSTBETWEENUS20 for a great deal: https://www.dietsmoke.com* Check out Happy Mammoth and use my code JUSTBETWEENUS for a great deal: https://happymammoth.com* Check out Rosetta Stone and use my code TODAY for a great deal: https://www.rosettastone.comSupport this podcast at — https://redcircle.com/just-between-us/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Allison learns about a shot ski. In r/psychic a mother wonders how to nurture her clairvoyant child. r/coolguides brings the joy of the rules for writing episodes of the Coyote and Roadrunner. Plus, a guide to what each age of bees must contribute to the hive. Then everyone likes Gilligan's Island, which brings a cute story about Gabe's sister. r/nostupidquestions asks is it weird for a woman's friend's fiance to text her? Finally could a bug become a chef?Check out all of our content on Patreon, Ad Free! Watch the full episodes of TLDRI, listen to the full episodes of The Variety Show, watch the International Question and Topix videos, join us for a monthly livestream, PLUS MORE:https://www.patreon.com/justbetweenusThis has been a Gallison ProductionProduced by Melisa D. Monts and Diamond MPrint ProductionsPost-Production by Coco LlorensProduction Assistance by Melanie D. WatsonSupport this podcast at — https://redcircle.com/just-between-us/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

「週明け株価一時500円超値上がり　NY市場上昇受け多くの銘柄に買い」　日経平均株価が一時500円以上、値を上げました。週明け3日の東京株式市場は、先週末のアメリカ市場で主な指数が揃って上昇した流れを受け、多くの銘柄で買い注文が広がりました。日経平均株価、午前の終値は、先週末2月28日に比べ、424円52銭高い、3万7580円02銭、TOPIX(東証株価指数)は、2716.16でした。

Gabe has a financial tidbit for survivors of intimate partner violence. Then, a listener writes in with a theory that people need to get new best friends when they have kids, and wonders how to find a best friend. Then, somatic coach Victoria Albina joins the show to explore Gabe's codependency and explain people pleasing as way more than we think. And finally, dancing!Check out all of our content on Patreon, Ad Free! Watch the full episodes of TLDRI, listen to the full episodes of The Variety Show, watch the International Question and Topix videos, join us for a monthly livestream, PLUS MORE:https://www.patreon.com/justbetweenusThis has been a Gallison ProductionProduced by Melisa D. Monts and Diamond MPrint ProductionsPost-Production by Coco LlorensProduction Assistance by Melanie D. WatsonOur Sponsors:* Check out Diet Smoke and use my code JUSTBETWEENUS20 for a great deal: https://www.dietsmoke.com* Check out Happy Mammoth and use my code JUSTBETWEENUS for a great deal: https://happymammoth.com* Check out Rosetta Stone and use my code TODAY for a great deal: https://www.rosettastone.comSupport this podcast at — https://redcircle.com/just-between-us/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Melisa's dirty joke sparks a new ideology. r/relationshipadvice shockingly proves that sometimes getting a dog isn't the answer. r/confessions features an OP who is overlooking his new girlfriend's bad behavior because of her looks. r/nostupidquestions wonders if waiters can refuse certain orders. r/losangeles ask what it's like to be a regular. And finally, radioactive twinkies. Check out all of our content on Patreon, Ad Free! Watch the full episodes of TLDRI, listen to the full episodes of The Variety Show, watch the International Question and Topix videos, join us for a monthly livestream, PLUS MORE:https://www.patreon.com/justbetweenusThis has been a Gallison ProductionProduced by Melisa D. Monts and Diamond MPrint ProductionsPost-Production by Coco LlorensProduction Assistance by Melanie D. WatsonOur Sponsors:* Check out Diet Smoke and use my code JUSTBETWEENUS20 for a great deal: https://www.dietsmoke.com* Check out Happy Mammoth and use my code JUSTBETWEENUS for a great deal: https://happymammoth.com* Check out Rosetta Stone and use my code TODAY for a great deal: https://www.rosettastone.comSupport this podcast at — https://redcircle.com/just-between-us/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Allison is loving being a relationship coach! A listener writes in because her partner won't stop googling a random girl--multiple times a day. Journalist Charly Edsitty joins the chat to share what's been going on in tribal communities that mainstream media misses--including a fight for water. And finally, Gabe dishes on his new day-job. Check out all of our content on Patreon, Ad Free! Watch the full episodes of TLDRI, listen to the full episodes of The Variety Show, watch the International Question and Topix videos, join us for a monthly livestream, PLUS MORE:https://www.patreon.com/justbetweenusThis has been a Gallison ProductionProduced by Melisa D. Monts and Diamond MPrint ProductionsPost-Production by Coco LlorensProduction Assistance by Melanie D. WatsonOur Sponsors:* Check out Diet Smoke and use my code JUSTBETWEENUS20 for a great deal: https://www.dietsmoke.com* Check out Happy Mammoth and use my code JUSTBETWEENUS for a great deal: https://happymammoth.comSupport this podcast at — https://redcircle.com/just-between-us/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Melisa explains the story of a husband who faked his own death. (After we recorded, he turned himself in.) What are our movie trope pet peeves? Then we head to r/whitepeopletwitter for a timeline of what it means to be progressive and counterculture. r/raisedbynarcissists brings us a story about a man who finally stands up to his mother. A female coworker asks a man to be her maid of honor for an offensive reason. And finally homemade umbrella-ella-ella eh eh eh!Check out all of our content on Patreon, Ad Free! Watch the full episodes of TLDRI, listen to the full episodes of The Variety Show, watch the International Question and Topix videos, join us for a monthly livestream, PLUS MORE:https://www.patreon.com/justbetweenusThis has been a Gallison ProductionProduced by Melisa D. Monts and Diamond MPrint ProductionsPost-Production by Coco LlorensProduction Assistance by Melanie D. WatsonOur Sponsors:* Check out Diet Smoke and use my code JUSTBETWEENUS20 for a great deal: https://www.dietsmoke.com* Check out Happy Mammoth and use my code JUSTBETWEENUS for a great deal: https://happymammoth.comSupport this podcast at — https://redcircle.com/just-between-us/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Gabe and Allison worry about their attention spans. Then, the duo gives advice to someone wondering about reconciling with a former friend and creative partner with whom they no longer want to be as close. Next, Julie and Yue of the Dateable Podcast join the show to nerd out about modern dating, ways to find more success on the apps, the misconceptions and why “icks” don't allow for real relationships. In Hypotheticals, Gabe somehow manages to make it about blackmail. And finally, anxiety triggers. Check out all of our content on Patreon, Ad Free! Watch the full episodes of TLDRI, listen to the full episodes of The Variety Show, watch the International Question and Topix videos, join us for a monthly livestream, PLUS MORE:https://www.patreon.com/justbetweenusThis has been a Gallison ProductionProduced by Melisa D. Monts and Diamond MPrint ProductionsPost-Production by Coco LlorensProduction Assistance by Melanie D. WatsonOur Sponsors:* Check out Diet Smoke and use my code JUSTBETWEENUS20 for a great deal: https://www.dietsmoke.com* Check out Happy Mammoth and use my code JUSTBETWEENUS for a great deal: https://happymammoth.com* Check out Rosetta Stone and use my code TODAY for a great deal: https://www.rosettastone.comSupport this podcast at — https://redcircle.com/just-between-us/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

The group discusses candy--in depth. r/self features a lovely nighttime ritual. A long tangent about movie trailers. r/weirdlyspecific sparks an Allison rant. r/relationshipadvice has an OP who is in a tricky financial situation. r/doctorsofreddit asks what was the best self-diagnosis they've heard. r/movies shows how misinformation can transform one's viewing experience. And finally, what even counts as a vegetable these days? Check out all of our content on Patreon, Ad Free! Watch the full episodes of TLDRI, listen to the full episodes of The Variety Show, watch the International Question and Topix videos, join us for a monthly livestream, PLUS MORE:https://www.patreon.com/justbetweenusThis has been a Gallison ProductionProduced by Melisa D. Monts and Diamond MPrint ProductionsPost-Production by Coco LlorensProduction Assistance by Melanie D. WatsonSupport this podcast at — https://redcircle.com/just-between-us/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

「17日東京株式市場前場 一時500円以上値上がり　379円55銭安の3万8193円05銭で終了」　日経平均株価が、一時500円以上値下がりです。17日の東京株式市場は、前日のアメリカ市場で主な指数が揃って下落した流れから多くの銘柄が売られました。17日の東京株式市場の日経平均株価午前の終値は、16日に比べ、379円55銭安い、3万8193円05銭、TOPIX(東証株価指数)は、2661.47でした。

Gabe shares his horrific road rage incident from the perspective of one day after it happened. (We recorded this episode in November!) Author Molly Roden Winter joins the chat to discuss opening her marriage and her life to public scrutiny through her memoir MORE. And finally, the masculinity crisis. Why (the heck) are men so angry? Check out all of our content on Patreon, Ad Free! Watch the full episodes of TLDRI, listen to the full episodes of The Variety Show, watch the International Question and Topix videos, join us for a monthly livestream, PLUS MORE:https://www.patreon.com/justbetweenusThis has been a Gallison ProductionProduced by Melisa D. Monts and Diamond MPrint ProductionsPost-Production by Coco LlorensProduction Assistance by Melanie D. WatsonOur Sponsors:* Check out Happy Mammoth and use my code JUSTBETWEENUS for a great deal: https://happymammoth.com* Check out Rosetta Stone and use my code TODAY for a great deal: https://www.rosettastone.comSupport this podcast at — https://redcircle.com/just-between-us/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

「9日東京株式市場前場　302円13銭安の3万9678円93銭で終了」　9日の東京株式市場は、前日のアメリカ市場でのハイテク関連銘柄の下落などを受けて、朝から売りが広がりました。日経平均株価は300円以上値を下げています。9日の東京株式市場の日経平均株価、午前の終値は、8日に比べ、302円13銭安い、3万9678円93銭、TOPIX(東証株価指数)は2748.70でした。

Allison dives deep into the hit film The BeeKeeper. r/murderbywords asks some tough questions about humanity. r/fauxmoi exposes a celebrity for being serious. r/thingsmykidssaid features a hilarious misunderstanding of recent history. r/amitheasshole exposes some problematic grandparents. r/relationshipadvice features more horrible in-laws. And finally, Gabe is furious that Allison doesn't know more about Gambit??? Check out all of our content on Patreon, Ad Free! Watch the full episodes of TLDRI, listen to the full episodes of The Variety Show, watch the International Question and Topix videos, join us for a monthly livestream, PLUS MORE:https://www.patreon.com/justbetweenusThis has been a Gallison ProductionProduced by Melisa D. Monts and Diamond MPrint ProductionsPost-Production by Coco LlorensProduction Assistance by Melanie D. WatsonOur Sponsors:* Check out Happy Mammoth and use my code JUSTBETWEENUS for a great deal: https://happymammoth.com* Check out Rosetta Stone and use my code TODAY for a great deal: https://www.rosettastone.comSupport this podcast at — https://redcircle.com/just-between-us/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

It's the last ep of 2024 so we are going to hit all the TOPIX that our DEMO just love to ENGAGE with and SHARE and LIKE. Topics like Costco Family and The Rizzler and Tom Cruise Cakes, horse electricution and MORE!!! Listen in!! And join us at patreon.com/looselips for BONUS MATERIAL

Allison doesn't want to predict the future and Gabe's facial hair is itching. First, a listener writes in asking for advice on a potential estrangement from a brother and Gabe shares his personal experience. Then, Dr. Nicole Cain joins the show for a gorgeous, gentle and soothing talk about Eye Movement Desensitization and Reprocessing (EMDR), and the options for treating trauma somatically. Were Allison and Gabe... "child stars?" And finally, Allison doesn't like Ryan Reynolds. Check out all of our content on Patreon, Ad Free! Watch the full episodes of TLDRI, listen to the full episodes of The Variety Show, watch the International Question and Topix videos, join us for a monthly livestream, PLUS MORE:https://www.patreon.com/justbetweenusThis has been a Gallison ProductionProduced by Melisa D. Monts and Diamond MPrint ProductionsPost-Production by Coco LlorensProduction Assistance by Melanie D. WatsonOur Sponsors:* Check out Happy Mammoth and use my code JUSTBETWEENUS for a great deal: happymammoth.com* Check out Rosetta Stone and use my code TODAY for a great deal: https://www.rosettastone.comSupport this podcast at — https://redcircle.com/just-between-us/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Allison officially loves witchy stuff. An OP has the perfect revenge for a woman who won't update her phone number. Next, a post prompts a discussion about the worst female protagonists. r/ask poses a question the trio can't resist. Gabe shares some funny name changes and then forgets the rules of Reddit Or Not. Check out all of our content on Patreon, Ad Free! Watch the full episodes of TLDRI, listen to the full episodes of The Variety Show, watch the International Question and Topix videos, join us for a monthly livestream, PLUS MORE:https://www.patreon.com/justbetweenusThis has been a Gallison ProductionProduced by Melisa D. Monts and Diamond MPrint ProductionsPost-Production by Coco LlorensProduction Assistance by Melanie D. WatsonOur Sponsors:* Check out Happy Mammoth and use my code JUSTBETWEENUS for a great deal: happymammoth.com* Check out Rosetta Stone and use my code TODAY for a great deal: https://www.rosettastone.comSupport this podcast at — https://redcircle.com/just-between-us/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Allison looks like a grown-up girl now. A listener wonders how to help her brother who won't go to therapy despite showing signs of mania again. Next, Meg Applegate joins the conversation to talk about how the troubled teen industry takes advantage of parents' fears and traumatized kids, including her younger self. And finally, Allison shares what it was like to lose her mom. Check out all of our content on Patreon, Ad Free! Watch the full episodes of TLDRI, listen to the full episodes of The Variety Show, watch the International Question and Topix videos, join us for a monthly livestream, PLUS MORE:https://www.patreon.com/justbetweenusThis has been a Gallison ProductionProduced by Melisa D. Monts and Diamond MPrint ProductionsPost-Production by Coco LlorensProduction Assistance by Melanie D. WatsonOur Sponsors:* Check out Happy Mammoth and use my code JUSTBETWEENUS for a great deal: happymammoth.com* Check out Rosetta Stone and use my code TODAY for a great deal: https://www.rosettastone.comSupport this podcast at — https://redcircle.com/just-between-us/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Our election anxiety was correct. Then, Mark Ruffalo dreamed his own cancer diagnosis, we talk about taking sneaky photos of celebs at an event, and Gabe drops extensive Colin Jost dating lore. Next, Allison shares a post about a woman who overheard her fiance telling his boys he doesn't wanna get married and decided to let him off the hook. Gabe has an autistic question about why men complain about their wives. Then, cinnamon styrofoam and vanilla pods.Check out all of our content on Patreon, Ad Free! Watch the full episodes of TLDRI, listen to the full episodes of The Variety Show, watch the International Question and Topix videos, join us for a monthly livestream, PLUS MORE:https://www.patreon.com/justbetweenusThis has been a Gallison ProductionProduced by Melisa D. Monts and Diamond MPrint ProductionsPost-Production by Coco LlorensProduction Assistance by Melanie D. WatsonOur Sponsors:* Check out Happy Mammoth and use my code JUSTBETWEENUS for a great deal: happymammoth.com* Check out Rosetta Stone and use my code TODAY for a great deal: https://www.rosettastone.comSupport this podcast at — https://redcircle.com/just-between-us/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Gabe and Melisa are slap happy up top. Then, a listener writes in asking what to do when her boyfriend's mental health is so poor it's making her life miserable. Next, psychotherapist Israa Nasir joins the podcast to talk about toxic productivity, the push to monetize every hobby, and how poverty, comparison, and hustle culture create more suffering. Hypotheticals is run by Melisa and boy, do we miss Allison. And finally, Melisa's origin story of becoming an expert on soap operas. Check out all of our content on Patreon, Ad Free! Watch the full episodes of TLDRI, listen to the full episodes of The Variety Show, watch the International Question and Topix videos, join us for a monthly livestream, PLUS MORE:https://www.patreon.com/justbetweenusThis has been a Gallison ProductionProduced by Melisa D. Monts and Diamond MPrint ProductionsPost-Production by Coco LlorensProduction Assistance by Melanie D. WatsonOur Sponsors:* Check out Happy Mammoth and use my code JUSTBETWEENUS for a great deal: happymammoth.com* Check out Rosetta Stone and use my code TODAY for a great deal: https://www.rosettastone.comSupport this podcast at — https://redcircle.com/just-between-us/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Allison's gone and it's just the DEI hires from the South today! After a bunch of tangents, we talk r/tipping, where flavors come from and which surprising ones Melisa hates, and a man whose wife is accusing him of fathering her friend's baby. Then, an OP ends up telling lots of tall tales, and another watches 72 Disney movies. Gabe and Melisa recount their problematic 90s show choir experiences. Could Gabe beat RuPaul in a Drag Race trivia contest? Check out all of our content on Patreon, Ad Free! Watch the full episodes of TLDRI, listen to the full episodes of The Variety Show, watch the International Question and Topix videos, join us for a monthly livestream, PLUS MORE:https://www.patreon.com/justbetweenusThis has been a Gallison ProductionProduced by Melisa D. Monts and Diamond MPrint ProductionsPost-Production by Coco LlorensProduction Assistance by Melanie D. WatsonOur Sponsors:* Check out Happy Mammoth and use my code JUSTBETWEENUS for a great deal: happymammoth.com* Check out Rosetta Stone and use my code TODAY for a great deal: https://www.rosettastone.comSupport this podcast at — https://redcircle.com/just-between-us/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Gabe pretends to be Allison despite not doing any prep work. A listener writes in after being misled about the openness of a hook up's relationship status. Dr. Lee Airton then joins the chat to talk about all things gender. And finally, is posting strangers online kosher? (Not really!) Check out all of our content on Patreon, Ad Free! Watch the full episodes of TLDRI, listen to the full episodes of The Variety Show, watch the International Question and Topix videos, join us for a monthly livestream, PLUS MORE:https://www.patreon.com/justbetweenusThis has been a Gallison ProductionProduced by Melisa D. Monts and Diamond MPrint ProductionsPost-Production by Coco LlorensProduction Assistance by Melanie D. WatsonOur Sponsors:* Check out Happy Mammoth and use my code JUSTBETWEENUS for a great deal: happymammoth.comSupport this podcast at — https://redcircle.com/just-between-us/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Gabe and Melisa carry the torch without Allison. r/amitheasshole tests a friendship group. An important shout out to Lady Gaga for being ahead of the curve. Melisa shares an intricate alien/time travel post that poses some intriguing theories. Gabe discloses some #cool childhood memories. r/paranormal reveals that new construction won't save you from the supernatural. And finally, is there a grief group for ghosts? Check out all of our content on Patreon, Ad Free! Watch the full episodes of TLDRI, listen to the full episodes of The Variety Show, watch the International Question and Topix videos, join us for a monthly livestream, PLUS MORE:https://www.patreon.com/justbetweenusThis has been a Gallison ProductionProduced by Melisa D. Monts and Diamond MPrint ProductionsProduction Assistance by Melanie D. WatsonOur Sponsors:* Check out Happy Mammoth and use my code JUSTBETWEENUS for a great deal: happymammoth.com* Check out Rosetta Stone and use my code TODAY for a great deal: www.rosettastone.com* Get 15% off on your entire first order at happymammoth.com just use the code JUSTBETWEENUS at checkout.Support this podcast at — https://redcircle.com/just-between-us/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

The Bank of Japan jolted global markets after its recent decision to raise interest rates. Our experts break down the effects the move could have on the country's economy, currency and stock market.----- Transcript -----Chetan Ahya: Welcome to Thoughts on the Market. I'm Chetan Ahya, Morgan Stanley's Chief Asia Economist.Daniel Blake: And I'm Daniel Blake, from the Asia Pacific and Emerging Market Equity Strategy Team.Chetan Ahya: On this episode of the podcast, we will cover a topic that has been a big concern for global investors: Japan's rate hike and its effect on markets.It's Thursday, August 22nd at 6pm in Hong Kong.On July 31st, Japan's central bank made a bold move. For only the second time in 17 years, it raised interest rates. It lifted its benchmark rates to around 0.25 percent from its previous range of 0 to 0.1 percent. And at the press conference, BOJ Governor Ueda struck a more hawkish tone on the BOJ rate path than markets anticipated. Compounded with investors concern about US growth, this move jolted global equity markets and bond markets. The Japan equity market entered the quickest bear market in history. It lost 20 percent over three days.Well, a lot has happened since early August. So, I'm here with Daniel to give you an update.Daniel Blake: Chetan, before I can give you an update on what the market implications are of all this, let's make sense of what the macro-outlook is for Japan and what the Bank of Japan is really looking to achieve.I know that following that July monetary policy meeting, we heard from Deputy Governor Uchida san, who said that the bank would not raise its policy rates while financial and capital markets remain unstable.What is your view on the Bank of Japan policy outlook and the key macro-outlook for Japan more broadly?Chetan Ahya: Well, firstly, I think the governor's comments in the July policy meeting were more hawkish than expected and after the market's volatility, deputy governor did come out and explain the BOJ's thought process more clearly. The most important point explained there was that they will not hike policy rates in an environment where markets are volatile -- and that has given the comfort to market that BOJ will not be taking up successive rate hikes in an early manner.But ultimately when you're thinking about the outlook of BOJ's policy path, it will be determined by what happens to underlying wage growth and inflation trend. And on that front, wage growth has been accelerating. And we also think that inflation will be remaining at a moderate level and that will keep BOJ on the rate hike path, but those rate hikes will be taken up in a measured manner.In our base case, we are expecting the BOJ to hike by 25 basis points in January policy meeting next year, with a risk that they could possibly hike early in December of this year.Daniel Blake: And after an extended period of weakness, the Japanese yen appreciated sharply after the remarks. What drove this and what are the macro repercussions for the broader outlook?Chetan Ahya: We think that the US growth scare from the weaker July nonfarm payroll data, alongside a hawkish BOJ Governor Ueda's comments, led markets to begin pricing in more policy rate convergence between the US and Japan. This resulted in unwinding of the yen carry trade and a rapid appreciation of yen against the dollar.For now, our strategists believe that the near-term risk of further yen carry trade unwinding has lessened. We will closely watch the incoming US growth and labor market data for signs of the US slowdown and its impact on the yen. In the base case, our US Economics team continues to see a soft landing in the US and for the Fed to cut rates by three times this year from September, reaching a terminal of 3.625 by June 2025.Based on our US and BOJ rate path, our macro strategists see USD/JPY at 146 by year end. As it stands, our Japan inflation forecast already incorporates these yen forecasts, but if yen does appreciate beyond these levels on a sustainable basis, this would impart some further downside to our inflation forecast.Daniel Blake: And there's another key event to consider. Prime Minister Kishida san announced on August 14th that he will not seek re-election as President of The Liberal Democratic Party (LDP) in late September, and hence will have a new leader of Japan. Will this development have any impact on economic policy or the markets in your view?Chetan Ahya: The number of potential candidates means it's too early to tell. We think a major reversal in macro policies will be unlikely, though the timing of elections will likely have a bearing on BOJ.For example, after the September party leadership election, the new premier could then call for an early election in October; and in this scenario, we think likelihood of a BOJ move at its September and October policy meeting would be further diminished.So, Daniel, keeping in mind the macro backdrop that we just discussed, how are you interpreting the recent equity market volatility? And what do you expect for the rest of 2024 and into 2025?Daniel Blake: We do see that volatility in Japan, as extreme as it was, being primarily technically driven. It does reflect some crowding of various investor types into pockets of the equity market and levered strategies, as we see come through with high frequency trading, as well as carry trades that were exacerbated by dollar yen positions being unwound very quickly.But with the market resetting, and as we look into the rest of 2024 and 2025, we see the two key engines of nominal GDP reflation in Japan and corporate reform still firing. As you lay out, the BOJ is trying to find its way back towards neutral; it's not trying to end the cycle. And corporate governance is driving better capital allocation from the corporate sector.As a result, we see almost 10 percent earnings growth this year and next year, and the market stands cheap versus its historical valuation ranges.So, as we look ahead, we think into 2025, we should see the Japanese equity benchmark, the TOPIX index, setting fresh all-time highs. As a result, we continue to prefer Japan equities versus emerging markets. And we recommend that US dollar-based investors leave their foreign exchange exposure unhedged, which will position them to benefit from further strengthening in the Japanese yen.Chetan Ahya: So, which parts of the market look most attractive following the BOJ's rate hike and market disruptions to you?Daniel Blake: Yes, we do prefer domestic exposures relative to exporters. They'll be better protected from any further strengthening in the Japanese yen, and we also see a broad-based corporate governance reform agenda supporting shareholder returns coming out of these domestic sectors. They'll benefit from that stronger, price and wage outlook with an improved margin outlook.And we also see that capex beneficiaries with a corporate reform angle are likely to do well in this overall agenda of pursuing greater economic security and digitalization. So that includes key sectors like defense, real estate, and construction.And Chetan, what would you say are the key risks to your view?Chetan Ahya: We think the key risk would be if the US faces a deeper slowdown or an outright recession. While Japan is better placed today than in the past cycles, it would nonetheless be a setback for Japan's economy. In this scenario, Japan's export growth would face downward pressures given weakening external demand.The Japanese corporate sector has also around 17 percent of its revenue coming from North America. Besides a deeper Fed rate cut cycle, will mean that the policy rate differentials between the US and Japan will narrow significantly. This will pose further appreciation pressures on the yen, which will weigh on inflation, corporate profits, and the growth outlook.And from your perspective, Daniel, what should investors watch closely?Daniel Blake: We would agree that the first order risk for Japan equities is if the US slips into a hard landing, and we do see that the dollar yen in that outlook is likely to fall even further. Now we shouldn't see any FX (foreign exchange) driven downgrades until we start bringing the yen down below 140, but we would also see the operating environment turning negative for Japan in that outlook.So, putting that aside, given our house view of the soft landing in the US economy, we think the second thing investors should watch is certainly the LDP leadership election contest, and the reform agenda of the incoming cabinet.Prime Minister Kishida san's tenure has been focused on economic security and has fostered further corporate governance reform alongside the Japan Stock Exchange. And this emphasis on getting household savings into investment has been another key pillar of the new capitalism strategy. So, these focus areas have been very positive for Japan equities, and we should trust -- but verify -- the commitment of a new leadership team to these policy initiatives.Chetan Ahya: Daniel, it was great to hear your perspective. This is an evolving story. We'll keep our eye on it. Thanks for taking the time to talk.Daniel Blake: Great speaking with you, Chetan.Chetan Ahya: And thanks for listening. If you enjoy Thoughts on the Market, please leave us a review wherever you listen and share the podcast with a friend or a colleague today.