“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/
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Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
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