The yen could strengthen toward 100 to the dollar over the next 10 years as Japan’s monetary policy gradually normalizes, marking a potential reversal of a yearslong trend of depreciation, according to Goldman Sachs strategists https://t.co/VXBnCi2tkp ...

Group 1 - The Bank of Japan (BOJ) is expected to raise its benchmark interest rate at least four more times to 1.5% before Governor Kazuo Ueda's term ends in early 2028 [1] - The next rate hike is anticipated to occur either in October or December, influenced by the upcoming quarterly "tankan" business survey [3] - A majority of economists expect another 25-basis-point hike by the year-end, although some believe it may not happen until January [4] Group 2 - Japan's economy is performing well, with large companies benefiting from price hikes and a weak yen boosting exports [2] - The BOJ raised its short-term policy rate to 0.5% in January but has maintained steady rates to assess the impact of U.S. tariffs [2] - The U.S. administration's weak-dollar policy may increase pressure on the BOJ to raise rates steadily [5] Group 3 - The recent dissent from two of the BOJ's board members regarding the decision to keep rates steady may signal an approaching rate hike [4] - The Federal Reserve's rate cuts and the BOJ's potential rate hikes are likely to result in a stronger yen against the dollar [6]

Group 1 - The Federal Reserve is expected to resume its monetary policy normalization in September 2025, with Fed funds futures markets indicating a Fed funds rate of about 3% in December 2026 [1] - The author has a long-term investment approach, focusing on fundamental analysis, particularly in REITs, preferred stocks, and high-yield bonds [1] - The investment strategy includes combining long stock positions with covered calls and cash secured puts [1] Group 2 - The article does not provide any specific company or industry analysis, focusing instead on the author's personal investment experiences and strategies [2][3] - There are no stock or derivative positions disclosed by the author in any mentioned companies [2] - The article emphasizes that past performance is not indicative of future results, and no specific investment recommendations are made [3]