A Decidedly Bullish Signal
"If you do not change direction, you may end up where you are heading." – Lao Tzu
Earlier this month, I addressed my outlook for the Japanese yen, given my continuous writings on the macroeconomic theme of the year: global reflation. The yen is well correlated with declining U.S. bond yields as a "safety" play -- a trade for when traders and investors are concerned about a global slowdown, recession and volatility. That makes the yen a "deflation" play, rather than a reflation trade. ...333 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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