… Believes there is no longer deflation in Japan (it's a product of government reporting numbers); Owns some Japanese equities (via the index); Slipped in a nice qualifying quip towards the end that “Someday none of us are … [...]

In my view, policymakers are following the Japanese playbook for fighting deflation with loose money policies. The end result in Japan has been massive increases in public debt and continued deflation . There have been [...]

USD/JPY sits at 79.75. Yesterday reported trailing sell stops through 79.30. I'd hazard a guess they're still there. Sell orders clustered [...]