There are time when central banks like the Fed think they are impervious.
For the sake of the Japanese stock market, this had best not be one of them.
At the moment, due to the US elections, it would appear that the Bank of Japan wants to test the graph.
Not a great idea.
It looks nice if you think the Japanese Central Bank will just fold to the demands of Wall Street.
Because the Nikkei 225 is going to get into some serious trouble if they do.
The clock is ticking.
The election is closer.
Which blows up first?
The USDJPY carry trade or someone on Wall Street on the wrong side?
Again.
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