(must read!) How Japan Sank the Market
By Jim Jubak/ MSN Money Markets Editor
Trying to make sense of the global stock market selloff that began on May 13?
Remember that old Wall Street saying, "Don't fight the Bank of Japan"? If you want to know what has rattled stock markets around the world and when you can expect it to end, study the Bank of Japan.
Click here for the whole article.
Related Reading:
- Japan about to trigger a sell-off in global financial markets?? Bank of Japan facing a momentous decision
This is interesting. If BOJ is doing this now, I am sure EU central bank will do this next month.
So end of Liquidity ? (or USA will be our saviour ? :-))
Cheers
Navin
http://navs.wordpress.com
Posted by
Anonymous |
7:55 PM