Welcome to the Three Ring Currency Circus: Central bankers as ringleader, metals and energy prices as the strong man, China as barely-tamed lion, Japanese stuffed in the clown car and the US taxpayer as the guy who cleans up after the elephants.
Japan
Japan's New Kamikaze Central Banker and the Nikkei's Awakening
What will Japan’s new Weak Yen policy mean for stocks?
Gillespie: China Will Pull a Japan So Stop Worrying
Nick Gillespie on the whole “China Owns Us” thing…
Halfway Through?
Click Image to Embiggen Doug Short‘s really done a fantastic job on this one…a chart comparing our current nasty bear market (summer rally notwithstanding) with both the 20 year bear market that followed the Crash of ’29 and the lost pair of decades for the Nikkei that began in 1989. The most important thing to…
Tudor Visions: Bear Market Rally in Stocks, More Weakness for Dollar
Paul Tudor Jones made some interesting observations in a letter to investors which Bloomberg picked up this weekend… On the Bear Market Rally: Slowing growth in China and the return of front-page stories on swine flu may be “further catalysts for global equity markets to pause in September”. “Impressive counter-trend rallies are a feature, not…
The Tragedy of Robot Unemployment
From the New York Times: Japan’s legions of robots, the world’s largest fleet of mechanized workers, are being idled as the country suffers its deepest recession in more than a generation as consumers worldwide cut spending on cars and gadgets. At a large Yaskawa Electric factory, where robots once churned out more robots, a lone…
