Japan stocks continue higher. Machinery Orders are up +2.9%
beating the +1.9% expectations an encouraging sign for the economy. The drama
continues concerning whether the sales tax will be delayed and if snap
elections will be called. On Monday, Japan releases the GDP and a negative
surprise will likely postpone the tax hike. A stronger GDP will likely keep the
sales tax on the table. Traders are sniffing out the weaker GDP number and
anticipate that the sales tax will be
[Text is Redacted: Purchase November 2014-11 to Read the Complete Chronology]
they chose to try and inflate themselves out pushing on a string.
[Text is Redacted: Purchase November 2014-11 to Read the Complete Chronology]
they chose to try and inflate themselves out pushing on a string.
Market bears are as rare as hen’s teeth but a notable
naysayer is investment manager Dr Marc Faber that believes a significant market
pull back is at the doorstep. Faber says, “I will soon be proven right.”
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.