Japan’s Role in Economic Security, Stock Market Awaits Inflation Data

Former minister discusses the importance of economic security and Japan's pioneering role. Stock market awaits fresh inflation data and faces a crucial week of new economic data. Plus, insights into the labor market and the Magnificent Seven valuations on Asking for a Trend.

Sources:
https://www.japantimes.co.jp/news/2024/08/13/japan/politics/takayuki-kobayashi-interview/
https://markets.businessinsider.com/news/stocks/stock-market-today-inflation-cpi-ppi-economy-fed-rate-cuts-2024-8
https://finance.yahoo.com/video/labor-market-magnificent-7-valuations-221612702.html
https://markets.businessinsider.com/news/stocks/stock-market-today-inflation-cpi-sp500-economy-fed-rate-cuts-2024-8

Outline:
(00:00:00) Introduction
(00:00:42) Economic security is about strengthening and sustaining growth, former minister says
(00:04:24) Stock market today: Indexes close mixed before fresh inflation data
(00:06:53) Labor market, Magnificent 7 valuations: Asking for a Trend
(00:09:18) Stock market today: Indexes slide to start heavy week of new economic data