Our overseas friend Kuroda isn’t having a very good year. Quite against his wishes, the Yen has been strengthening pretty much the entirety of 2016. We can see the upside-version of that with the USD/JPY below. I will whine once again: it’s too bad U.S. stocks aren’t tied to the waist to this like they used to be, otherwise the ES would be down 25 right now instead of freakin’ 3 points.
All the same, if you think buying into our stocks (represented by the NASDAQ futures, below) is a spiffy idea, please, don’t let me stand in your way. I’ll give you no trouble. Looks like a risk-free bar-goon.
