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Post by clinton on Jul 21, 2013 20:08:06 GMT -5
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Post by senescent on Jul 22, 2013 0:55:41 GMT -5
How can he consistently spell "more" as "moar"? I tend to discount people who cannot spell or proofread. As for Japan having "moar" inflation, they've had deflation (negative inflation) for 20 years now. So, unlike for the US, the policy may actually make sense.
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Post by clinton on Jul 22, 2013 6:13:49 GMT -5
How can he consistently spell "more" as "moar"? I tend to discount people who cannot spell or proofread. As for Japan having "moar" inflation, they've had deflation (negative inflation) for 20 years now. So, unlike for the US, the policy may actually make sense. www.urbandictionary.com/define.php?term=moarand Ya I think its stupid also
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Post by clinton on Jul 22, 2013 21:32:32 GMT -5
(Reuters) -- Nippon Steel & Sumitomo Metal Corp. and Toyota Motor Corp. have agreed to raise steel sheet prices by about 10 percent for April-September as the yen falls, the Nikkei reported. Negotiations between the world's second-biggest steelmaker and the best-selling carmaker serve as a benchmark for Japanese steel sellers for contracts with automakers, shipbuilders and other manufacturers. The 10,000-yen-a-ton price increase from the previous six months will be applied retroactively to shipments since April, the paper said. The dollar and euro have gained about 15 percent against the yen so far this year on expectations of aggressive monetary easing in Japan. Nippon Steel has said its margins have been squeezed in recent years as the company could not pass on higher costs of raw materials such as iron ore and coking coal to manufacturers. Read more: www.autonews.com/article/20130722/OEM10/130729983#ixzz2ZpeNxROE Follow us: @automotive_News on Twitter | AutoNews on Facebook
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Post by clinton on Aug 6, 2013 21:02:21 GMT -5
Japan getting hammered tonight
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Post by clinton on Aug 9, 2013 7:15:03 GMT -5
Japan Enters The Keynesian Twilight Zone As Total Debt Crosses ¥1,000,000,000,000,000.00. Submitted by Tyler Durden on 08/09/2013 - 08:04 Back in May 2011, together with forecasting Japan's most epic case of quantitative easing ever unleashed, we presented the absurd, if inevitable, thought experiment of a country that would soon cross into the twilight zone of total sovereign debt numbers that no longer even fit on a simple pocket calculator. The country of course is Japan, and the debt number is one quadrillion. As of last night, the absurd has become real as Japan has officially announced its total government debt rose by 1.7% to ¥1,008,600,000,000,000.00.
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Post by clinton on Aug 12, 2013 6:54:07 GMT -5
Yen Surges As Japanese GDP Misses By Most In A Year Submitted by Tyler Durden on 08/11/2013 - 20:12 There goes the tax hike (and any expectation of fiscal balance). Japanese GDP grew at a miserly 0.6% QoQ, missing expectations of +0.9% (the biggest miss in a year) and slowing from an already revised lower 0.9% growth in Q1. So much for Abenomics breathing life back into a balance-sheet-recessed nation. Typically this kind of miss would be met with cheers as bad is good but in the case of Japan where they are so far down the rabbit hole, there is no moar left. The already collapsing JPY-carry trade is unwinding in a hurry as JPY surges to a 95 handle on the news; the USD is dropping, Nikkei futures are down 200 points, S&P futures are down a few handles, and gold is holding notable gains.
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Post by clinton on Aug 27, 2013 7:14:13 GMT -5
Japan's 2014 Debt Interest To Rise To Record $257 Billion, Same As Singapore GDP Submitted by Tyler Durden on 08/27/2013 - 08:03
While the world is gripped in yet another great distraction over the great "will he, won't he" start World War III debate, things that are unsustainable remain unsustainable. Such as Japan's debt, and specifically the amount of cash interest that the nation with the 230% debt/GDP (and rising interest rates) will have to pay to service its gargantuan balance sheet. According to a document seen by Reuters, Japan expects to spend a record $257 billion to service its debt during the next fiscal year. The amount to be allocated for debt-servicing for the year that will begin on April 1 is nearly as large as the gross domestic product of Singapore, which the World Bank put at $275 billion at the end of 2012. More disturbing, this is a 14% increase in the debt interest cost in just one year. And yes, it is unsustainable absent an epic inflationary episode to "inflate away the debt", something that Abenomics has so far failed in achieving despite some hopeful early glimmers in crushing the Yen.
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Post by PoorHomey on Sept 2, 2013 21:27:13 GMT -5
Japan getting hammered tonight Nikkei futures +600 (~+4.5%) I guess they're getting un-hammered tonight.. Though as erratic and volatile as they are I wouldn't be at all surprised for them to be -1% by tomorrow AM.
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Post by nats on Sept 2, 2013 22:15:12 GMT -5
Japan getting hammered tonight Nikkei futures +600 (~+4.5%) I guess they're getting un-hammered tonight.. Though as erratic and volatile as they are I wouldn't be at all surprised for them to be -1% by tomorrow AM. And silver futures up 2.5% now - oops, I meant to quote Clinton in his SPY thread. I only had 2 mojitos at the Mexican restaurant. Really.
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Post by clinton on Sept 3, 2013 6:53:18 GMT -5
Nikkei is crazy these days. Day traders must be loving it there.
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Post by clinton on Nov 12, 2013 7:52:44 GMT -5
Japan back to destroying their currency to make the market go up that works until it doesnt Attachments:
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Post by clinton on Nov 12, 2013 7:53:11 GMT -5
Japan readies additional $30 billion for Fukushima clean-up (Reuters)
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Post by clinton on Dec 9, 2013 22:10:47 GMT -5
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Post by birthmark on Dec 10, 2013 20:57:50 GMT -5
That's some scary shit in that article Clint. Sayonara Japan and your yen. Wow...
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Post by clinton on Dec 18, 2013 7:33:28 GMT -5
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Post by clinton on Dec 29, 2013 20:42:09 GMT -5
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Post by clinton on Feb 4, 2014 21:40:35 GMT -5
these are DAILY candles!! Attachments:
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Post by clinton on Feb 11, 2014 20:57:26 GMT -5
Japanese Machine orders for December just printed -15.7% in December - the biggest MoM plunge since 1992
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Post by dino on Feb 11, 2014 21:25:59 GMT -5
Japanese Machine orders for December just printed -15.7% in December - the biggest MoM plunge since 1992 SPX +35 tomorrow.
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