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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: CalculatedRisk who wrote (70034)9/20/2006 11:20:59 PM
From: Crimson Ghost  Read Replies (1) of 110194
 
Here is a switch.

Bloomberg says Japanese bank stocks are declining on fears that the BOJ will NOT hike rates.

Hard to figure if true.

"Bank Shares Slide on Concern Over Rate Outlook, Led by Mitsubishi UFJ Japanese bank stocks such as Mitsubishi UFJ Financial Group Inc. declined on continued concern the Bank of Japan will not raise interest rates soon following a weaker-than-expected report on consumer prices in August".
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