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Monday, December 2, 2013

Market Thought... the yen and the $spy

The yen started its awesome decline in Oct 2012. 

The Japan equities inversely followed.

Interesting obsevation: the yen is near its low, as equities are near highs. 

Is there enough decline left in the yen to keep the Japan rally going? Why does this even matter? Because the answer looks like it will effect the performance of the SP500.

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