Sunday, April 7, 2013

How High Could The Japanese Yen Go With Recent QE?

Hayman Capital's Kyle Bass expects the Japanese yen to weaken significantly (could hit 200 vs US Dollar) against the dollar and says that this is the riskiest time for an investor to be complacent about the markets.  He believed that if the Japanese QE failed, markets everywhere will sell their bonds and the Japanese retirees will loose up to 50% of their retirement savings.

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