“The Nikkei 225 rose 57% for the year – the best year for the index since 1972. Meanwhile, Japanese prime minister, Shinzo Abe… aided and abetted by new Bank of Japan governor Haruhiko Kuroda… goosed the annual inflation rate up to 1%. This had the effect of sending the yen down 15% against the dollar. Great for Japan’s exporters. Terrible for Japan’s fixed-income securities. So, we made good money on both sides of the trade last year. By our rough, back-of-the-envelope ciphering, our ‘Trade of the Decade’ is up about 50% so far… with seven more years to run. What will happen in those next seven years?”
http://www.bonnerandpartners.com/an-important-update-on-our-new-trade-of-the-decade/
Related posts:
Be Prepared When the ATMs Go Dark…
Minimum Wage Madness
Civil Unrest Coming to America
Philip Giraldi: Where Are They Now?
On The Road Again: Customize Your Life with Location Independence
A Guide To Understanding the Middle East, Syria, The West and Oil
The Trick is to Suspend the Constitution Without Admitting It
The Endgame of State/Local Government Pensions
Putin was wrong: The exceptionalism of the United States is alive and real
Karl Hess: Tools to Dismantle the State
Peter Schiff: The Biggest Loser
Will IRS Find Your Small Foreign Bank Account?
John Hussman: Yes, This Is An Equity Bubble
Themes for 2013: Eight trends to follow in 2013 and beyond.
Paul Craig Roberts: The Case of the Missing Recovery
