AuthPresidentColor8c : just read this I doubt it but they need to exit the lower bounds ASAP. I think the investments will continue from the funds in USA. I just hate how they make their equities look so attractive with a terrible policy
SpyderCallOP AuthPresidentColor8c:
Right. I was wondering how their equities are going to perform once the policy actually changes. Higher interest rates should put pressure on equities.
But the Japanese government was talking about progressively increasing everybodies income gradually over time. This will surely be good for consumption and inflation. That should give a boost certain equities.
I guess we are just going to have to wait longer to find out.
Winnerspayout : Amazing how I get notice of the QQ QQ QQ could not find its report anywhere even got a badge of it then it was just vanished I even asked advisor to get intouch with as well as I called in spoke with someone nothing until now .
SpyderCallOP Winnerspayout: what happened now?
razo2 : well there goes the US bonds. lol.
Winnerspayout : I am praying for a miracle
SpyderCallOP razo2: yup. it's looking scary at this point. The scarier it gets, the more I want to buy. I still haven't bought though
iamiam : BOJ pivot, the beginning of the end... Japan will fail first,
SpyderCallOP iamiam: I had a feeling this would happen this year. Everybody is saying this is going to kill equities. A long slow death.
SpyderCallOP iamiam: Some think this will be good for US equities but im still on the fence about that.
bullrider_21 :
This is more like a midterms cum year end rally. Because a Santa Claus Rally occurs between the last 5 trading days of the year and first 2 trading days of next year.
Also 1% is 100 basis points. I believe you know this. It's just a mistake.
SpyderCallOP bullrider_21: you are right. thanks for the correction. slipped my mind.
SpyderCallOP : what do you think @iamiam?? I am assuming you don't care much for the yen but this dip is starting to look appetizing. do you think this new guy can get some yen strength going in the future? or do you think this is just nothing Burger as usual with the Japanese yen?
iamiam SpyderCallOP: the dollar is pulling back, the yen and euro should gain strength, then the dollar is going to run again, I dont know why but I think we have a 114 future dollar by sept??? your analysis is pretty on point for short term
SpyderCallOP iamiam: I can see that happening by September. it's definitely a possibility
iamiam : be very weary here and I wouldn't hold overnight and definitely not long term. Japan is at a crux, they have to keep printing money (that's why the rapid drop) to maintain their 0 inflation policy. Japan is 100% full yield/currency control, and inflation destroys yield curves (obviously) they cant hold the Yen and their 10 yr bond at 0, so far they have sacrificed the Yen to keep the 10 yr rate low now they are flipping quicky to support the Yen, they are playing hot potato with their economy this is unsustainable and not a new phenomenon, it has happened before in history and fails everytime. Remember the historic value timeline for ALL FIAT CURRENCY ends in 0!!!
SpyderCallOP iamiam: Good point. FIAT is only valuable because we say it is. Worthless paper with intrinsic value. Like toilet paper was more valuable than the one dollar bills people were probably wiping their asses with during the pandemic toilet paper shortage. That is FIAT for ya
SpyderCallOP iamiam: I wish i would have seen this happen in the past. I would have shorted all these crashing FIAT currencies. Experience is everything in the markets
solo invest iamiam: That proshares ultra short Japanese yen looks good until the yen turns around then we buy proshares ultra yen
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srimoen : i think can be 40k right time n' waiting for it