Wednesday, June 15, 2011

Japanisation of USA

US$ up, market down, bonds up, commodities down. The market is a function of the US$.This is the same pattern as Japan for the last 15 years. When the japanese where doing QE, the yen went down, the market went up (Not the Banks though-these are doomed).When they stopped QE, yen went up, market went down.

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