Good morning. Ok: double or nothing: is it gonna be Abenomics, or Abeggedon..? The yen strengthened massively, overnight…
And to put it into historical perspective…
Emerging Markets are having a tough time right now…
Momentum strategies (buying the winners), works, even if markets go down
Nice bit of reading by @Pawelmorski on bubbles: Yada yada QE yada debasement yada yada tulips
Ah yes: US households just got wealthier than ever before! (probably not if you divide it by population. or take out the 1%…)
…but this picture clearly tells another story (even though I think it is unfair to take the decline at the begining)
Looking at the growth projection of the ECB, things will brighten before long!
Ok, if this relationship holds, the flat earnings outlook does not bode well for business investments…
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