All is well, right? Problems averted? Keep an eye on Japan. The narrative could change fast. Here’s the USD/JPY:
Just Japan
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
European Tops
Here is a dazzling tour of some long-term European equity futures. Draw your own conclusions!
What Divides the Nations
Keep and Eye on USD/JPY
I don’t think we’re done with this……….
The Nikkei 225 Line
Perhaps you’ve read by now that the Bank of Japan has been utterly humiliated (which stings extra-hard in the Japanese save-face-at-all-costs mindset) by the global market which took place thanks to their minuscule 0.15% interest rate bump.
They have solemnly pledged NEVER to raise rates again as long as markets are not “stable” which means………….never. Japan is a financial basket case and will never, ever recover. As my mother used to say, you can put that in the Bible.
Prompted by the cuckold state of Japanese finance ministers, the /NKD has been blasting thousands of points higher the past couple of days, which delights me, since it’s going to be an amazing setup for U.S. equities. I’ve been watching that red line.
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