Asian Titanic

By |2014-03-19T16:33:30-04:00March 19th, 2014|Commodities, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

I think it is very clear that the Bank of Japan is becoming more and more sensitive to swings in the Japanese stock market. Policy pronouncements, toothless as they usually are, seem to correlate very well with downturns in stock prices. Perhaps some of the Federal Reserve literature is making its way East. There were no doubts, none whatsoever, last [...]