Sayonara Abenomics

by Pebblewriter, Pebblewriter.com Those who have followed this blog for any length of time know about our focus on the Japanese economy and the yen. I presented this chart in December, which shows the impact on stocks of the last three USDJPY reversals off a trend line (or top of a channel, depending on how …

Putting the ‘F’ Back in Federal Reserve

Age of Wisdom, Age of Foolishness (15) Written by Adam Whitehead, KeySignals.com They’re back and this time it’s for real!!! Regular readers of the funny papers will be familiar with the following cover page from, the day in September 2013, when President Putin and Janet Yellen joined the Committee to Save the World.

Will debt derail Abenomics?

It seems to me that one of the automatic, if not always intended, consequences of Abenomics is to force up Japan’s current account surplus, and in fact to force it up substantially. This will have to do at least in part with deciding how to manage the country’s enormous government debt burden, which easily exceeds 200% of the country’s GDP.