Political Landscape - Sanae Takaichi, a pro-stimulus conservative, is positioned to potentially become Japan's first female prime minister [1] - She is described as an energetic nationalist [1] - Her political style is influenced by Margaret Thatcher [1] Personal Interests - She has an interest in the heavy metal music of Iron Maiden [1]

Market Overview - The current market is characterized as a bull market with high asset prices and low credit spreads, supported by a stable consumer job market [1] - There are concerns regarding inflation not decreasing as expected, influenced by significant government spending which may be inflationary [2][4] Economic Outlook - There is a possibility of a recession occurring in 2026, although it is not a primary concern at the moment [3] - The US government shutdown is not seen as critical to market performance, with previous shutdowns having minimal economic impact [5][6] Inflation and Federal Reserve - The market is pricing in approximately 100 basis points of interest rate cuts from the Federal Reserve over the next year, but there are doubts about the accuracy of these forecasts [6][7] - If inflation rises unexpectedly, it may complicate the Fed's ability to implement the anticipated rate cuts [8]

Pictet is increasing holdings of Japanese equities while cutting exposure to Europe following the victory of pro-stimulus conservative Sanae Takaichi in the ruling party leadership race https://t.co/7n1QCMfea2 ...

Japan’s 30-year government bond auction drew a stronger demand ratio than its 12-month average, easing investor concerns following the surprise victory of pro-stimulus conservative Takaichi in the ruling party leadership race https://t.co/ZhKNY1waK1 ...

Traders are bracing for an auction of 30-year government bonds in Japan after pro-stimulus conservative Sanae Takaichi’s surprise victory in the ruling party leadership race sent shock waves through the nation’s debt markets https://t.co/fHi6sOv3WR ...

Options traders are least bullish on the Japanese yen in more than three years as pro-stimulus lawmaker Sanae Takaichi’s near-certain ascent to become the next prime minister sent the nation’s currency tumbling https://t.co/X0345vTgIM ...

🇨🇳 CHINA IS PRINTING TRILLIONS.🇺🇸 TRUMP IS HINTING TOWARDS MONEY PRINTING.🇯🇵 JAPAN'S NEW PM IS PRO-STIMULUS LIKE TRUMP.EVERY MAJOR COUNTRY IS ABOUT TO INJECT MASSIVE LIQUIDITY, AND YOU'RE BEARISH.THE ONLY THING YOU SHOULD BE BEARISH ON IS "FIAT", NOT CRYPTO. ...

Lawmaker Sanae Takaichi’s near-certain elevation as Japan’s next prime minister roiled the nation’s financial markets as investors bet she will enact more stimulus: Here is your Evening Briefing. https://t.co/e4e5EvBvU1 ...

Cash-rich companies in Japan may feel the heat after the election win of the pro-stimulus conservative Sanae Takaichi https://t.co/bK6wu6QRtn ...

Japanese defense and tech shares soared on speculation they’ll benefit from more government spending, as pro-stimulus conservative Sanae Takaichi looks likely to become the nation’s next prime minister https://t.co/TvzB6DRJa8 ...