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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 411.93-0.4%Dec 24 4:00 PM EST
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To: TobagoJack who wrote (72054)3/15/2011 3:31:53 PM
From: elmatador  Read Replies (1) of 218700
 
massive cash flows now pointing back to Japan. Until the insurance companies heard that radiation levels around the stricken Fukoshima reactor were dropping, there was a question whether it would be possible to rebuild a lot of the country’s now-devastated real estate stock.

But now, they will almost certainly be needing to sell foreign-denominated assets — maybe Treasury debt, maybe not — and buy yen to spend their money back home.

etfdailynews.com
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