Andrew Chaveriat
Andrew Chaveriat
bottoms concern created due fiscal goldfish highways looks massive monetary nowhere option policy projects public works
They really have not eased monetary policy, and fiscal policy looks to be an unattractive option due to concern over the deficit. Massive public works projects have created highways to nowhere and the cementing over of the bottoms of goldfish ponds.
cents critical euro later parity trying
The euro is at a critical stage. It is trying to get back to 97 cents and then parity later this summer.
japan
The only way out for Japan is to see the yen weaken.