This whole situation does feel like it is being downplayed. Remember the banking problems and how long it took for them to be properly priced into the markets?
Remember the S&P actually rallied initially for a few months to touch a new all time high before starting its descent.
Personally I feel we might get something similar in the yen, with a contrarian push to new highs, followed by a large scale decline over the next year or two at least.
Remember the S&P actually rallied initially for a few months to touch a new all time high before starting its descent.
Personally I feel we might get something similar in the yen, with a contrarian push to new highs, followed by a large scale decline over the next year or two at least.