The dollar/yen is 115.50 and climbing higher to 116. Banzai!
The weaker yen yesterday created the up move in US stocks and new all-time
highs. Japan PM Abe says the sales tax hike may be delayed and a snap election
may be called for the government. The delay of the sales tax bludgeons the yen
lower, dollar/yen pair higher and sends the Nikkei Index rocketing higher. The
BOJ is in the stock market purchasing ETF’s. The NIKK jumps +2.1% closing at
17124 a seven-year high at 17K. Japan continues to goose its markets with easy
money and
[Text is Redacted: Purchase November 2014-11 to Read the Complete Chronology]
.................... disappearing middle class and poor that do not own stocks watch the elite class become richer day after day due to the Fed’s policies.
[Text is Redacted: Purchase November 2014-11 to Read the Complete Chronology]
.................... disappearing middle class and poor that do not own stocks watch the elite class become richer day after day due to the Fed’s policies.
The Israeli-Hamas problems increase as six people die over
the last three weeks in separate incidents. Hamas is encouraging Palestinians
to use automobiles to injure and kill Israeli’s; a “car intifada.” The
incidents of automobiles driving into crowds by radical nutcases will increase
around the world.
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