abenomics

Irrational Exuberance 2.0

Absolutely nothing has changed since I last wrote about this market in June of 2014. If you haven’t read it, you can read it here. The stock market bubble continues to grow, with new all time highs (ATH) being made daily, with no pullbacks, and extremely low volume. We rally on bad news and even higher on good news. Absolutely […]

Stock markets on brink of record high, new Greek finance minister …

Tokyo, Japan. Photograph: SUTTON-HIBBERT/REXGood morning, and welcome to our rolling coverage of the financial markets, the global economy, business and the eurozone.Stock markets are starting the week in an optimistic mood, after Japanese economic growth rate was revised sharply higher.Japan’s economy grew by a rip-roaring 6.7% on an annualised basis in the first three months of 2014, not the 5.9% […]