Just an opinion- In these days, we have seen not only a declining share market, but the Dollar losing value versus Yen, Deutsche Mark and other moneys (Italian Liras too!).
One year ago, I (We all, I presume ) observed the same pattern.
Considering the following facts:
1- I can't see a logical reason because a strong money like the Dollar, supported by a strong economy like the American one) would have to lose value so quickly vs. other moneys like Yen, French Francs, and expecially It. Liras, all backed by troubled economies
2- Historically, the Japanese governments, in moments of trouble, tends to confront the threats or the problems attacking everything is perceived in that moment as the origin of them
3- A considerable percentage of American T-Bonds and shares are owned by Japanese institutions ( banks, funds, etc....)
4- Japanese people is one of the strongest saver all over the world
5- A growing share market in USA versus a declining one in Japan and a growing Dollar vs. a declining Yen could drain resources from a troubled market with banking problems.
Maybe, in anybody's opinion, that what is happening in these days is, almost partially, a move of Japanese financial institutions, combined with others contingent economical and political factors?
I hope I haven't been politically incorrect or offensive.
If so, then I apologize in advance: It's not my will to offend anyone, and I'm not racist.
Best regards to all.
. Luciano M. Trentadue |
