morning traders,
This may now be the point at which we rally into Xmas with a bit of luck , BoJ out of the way , not wanting to change course and pretty similar in the US. This extreme low interest rate environment is going to be with us for quite some time in my opinion. Both Japan and the US have structural issues that are not going away, Japan never really recovered from the days in the 80s. when it bought up half of the glamour real estate around the world including the Gold Coast in Aus. Seems a little similar to what China has been doing, the next stage of our development will no doubt be about their extreme debt crisis and that could go anywhere over coming years.
I suppose in a round about way, I,m saying make hay while the sun is shining!
Have a great day , and look after yourself out there!!
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