QQE Pandering Goes Global

By |2014-09-22T21:19:30-04:00September 22nd, 2014|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Japan is undoubtedly now quite the mess, but that is starting to spill-over into general view in what has to be a most unwelcome and even embarrassing occurrence for its practitioners. The problem, however, is much deeper now than just an economy seemingly forever doomed to the recesses of some kind of economic hell. For a quadrillion yen, the Bank [...]