You Can Only Push A Wet Noodle So Far!

12/12/2023

PREPARE FOR A SUSTAINED PERIOD OF YEN STRENGTH.

The trend in the USDJPY has clearly now been broken, against the GBP and EUR the story with the cross-rates is much the same.
A strong yen now is good for the economy, good for business and good the ailing Kishida government. BoJ is about to remove negative interest rates.
Contrary to popular belief, a strong yen in the 2020’s is not inherently bad for Japanese stock prices, though it seems the old ‘rule of thumb’ echoes today.

Here are my thoughts on the yen trend reversal, what the BoJ is likely to do and the impact on the economy, businesses, voters and the humble bowl of ramen!

Please click HERE to read the full article:
Enjoy and subscribe and have a productive day!

Best,
Neil

Oh, and what has it to do with ramen?

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You Can Only Push A Wet Noodle So Far!

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