Japanese money growth

Setback Extended in Share Prices

December 9, 2014

Monday’s slide in equities continued overnight in Europe and Asia.  Stocks slumped 4.5% in China, 2.3% in Hong Kong, 1.7% in Australia, 1.2% in India and 0.7% in Japan.  Equities are so far down 1.5% in Spain, 1.4% in Italy, 1.2% in France, 1.1% in Britain and 0.9% in Germany. Also consistent with the risk […] More

Some Interesting Data

July 9, 2013

Growth in Japan’s monetary base is seeping into the money supply.  A 3.8% on-year rise in M2 money in June was the most in over a decade.  M2 growth accelerated to 3.5% in the second quarter from 2.9% in 1Q and 2.5% in 2012.  Broad liquidity climbed 3.2% in the year to June, up from […] More

Concern over How Markets and U.S. Economy Will Tolerate Fed Wind-Down of QE3

May 13, 2013

Equities and bonds are reacting adversely to a WSJ article on May 10, claiming that Fed officials are starting to plan for phased reductions in monthly asset purchases (i.e., the third round of quantitative easing) but still undecided about exact timing. In meetings over the weekend, G7 finance ministers and central bankers failed to censure […] More