Toshio Masuda

Toshio Matsuda, Commentator & Intl Economist

Straight from the Shoulder

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(This issue is submitted to a Washington D.C., Seattle, and Zurich think-tank as the English edition of “Straight from Shoulder”.)

"Straight from the shoulder " by Toshio Masuda-Samurai Lecturer
November, 2020
( Free of charge to the people I met)

Since early October my investor friends heard me predicting that the US Dow will soar up to $30,000 on, or before the US presidential election.

Around the end of October, when Dow dropped below $27,000 - to $26,300 - one investor called me saying that it would be impossible for it to raise up to $30,000, and therefore my predictions were plainly wrong. "You better apologize to us", he said.
"Wait and see", I told him.

On November 2, one day before the election, the Dow was still as low as $26,800, but on November 3, the Election Day it rose to $27,500, and went on rising: on November 4 it reached $27,900; on the following day, November 5, it stood at $28,400.
Its rise to $30,000 looks increasingly likely.

Why is the Dow rallying up?

It doesn't matter who wins - Trump or Biden - the US economy and the US dollar will no longer dominate the world.

A candle - flame flares up seconds before going out.


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Written by Toshio Masuda