The ground here in Sano, Japan is still shaking as I write at noon on Saturday, March 12, 2011, the day after the largest earthquake in the nation’s history. It struck 21.5 hours ago. I was working at my desk as usual when my shoji — sliding doors of translucent veneer in the case of […]
Tag Archives: Japan
Economy Slowing, Government Clueless, Americans Discouraged
Good morning! Here’s what you need to know: ______________________________ OVERVIEW China’s Property Bubble Might Deflate Slowly | If so, those betting on an imminent crash will be disappointed. Tax Uncertainty Keeps Hiring On Hold | Do you know what your tax rate will be on January 1st? Neither does anybody else. The Economy Is Slowing […]
Get Ready For Biflation And The Era of Wrestling With China For Oil
Good morning! Here’s what you need to know: ______________________________ OVERVIEW Volcker “Not Worried About Deflation” — Or Inflation | Maybe we’re in for a “biflation” of rising global commodity prices and falling domestic prices. US Loses Another 12,000 Jobs | Initial jobless claims for the week ending Sept. 18 rose to 465,000. GOP Issues “Pledge […]
Posted in Finance at First Light
Also tagged China, Deflation, Inflation, unemployment, US politics, war
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Deflation In America
A popular section of The Kelly Letter is called Situations. It’s a weekly collection of tidbits on a variety of subjects presented at varying length, but never more than one page for one situation. Sometimes, they’re only a paragraph or two. The following update on the recent concern that deflation is coming to America ran […]
Ignore Yen Worries
I’m still watching Japan for a good entry point, and am interested in Mizuho Financial (MFG) and ProFunds UltraJapan (UJPIX). Like the Federal Reserve and other central banks, the Bank of Japan injected liquidity into the financial system during the credit scare. That stayed its rate-raising hand for the time being, but it will probably […]
