Wednesday, September 9, 2015

Big Japan Rally


Restart Nukes + Oil & Gas in Toilet + Put your produce on sale (reduce terms of trade) = make more "money".

USD/JPY (composite real terms of trade) steady here around 120.

1 comment:

Roger Erickson said...

Japan stocks jump? Are investors expecting someone to import what Japan is near literally DEAD set on exporting?

What happens when a dead-cat bounce hit's a maze of unexpected obstacles? A dead-fatcat pinball machine? :(

Where is the aggregate demand that's gonna absorb all this optimism about trade balances?