Nothing scientific here, but the yen’s fall may be the end wage deflation in America.

Is it really far fetched to say the yen had strengthened since the dotcom bust because investors moved cash back into treasuries for both Japan and America?  Consequently, a weaker yen may be signaling the thaw taking place in between the Japan-America connection.

 

http://www.reuters.com/article/2012/12/28/us-markets-global-idUSBRE88901C20121228

Yen extends fall, Asian shares capped by U.S. fiscal worry

Advertisements
Post a comment or leave a trackback: Trackback URL.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: