Bank of Japan Buying Over 100% of Japanese Bond Issuance; Steen Jakobsen Expects "FantasyLand Will Give Way to RealityLand"
MishTalk
NOVEMBER 2, 2014
corporates enjoyed 14 years straight years of weaker US dollar – in S&P 500 46% of sales is from overseas, profit has risen 3x faster than sales since 2009, 2y money up considerably in price. World only has two engines of growth: EM and US. both are running out of fuel.US End of financial engineering?
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