“A deterioration in the survey data for May deal a blow to hopes that the US economy will rebound in the second quarter after the dismal start to the year." -- Chris Williamsen at Markit, commenting on this data.
Wednesday, May 25, 2016
Tuesday, May 24, 2016
This correlation between the Japanese Yen and stocks has been demonstrated for a very long time. Does the Bank of Japan control the US stock market? It sure looks like it!