Two weeks ago, I asked if the short yen / long Japanese stocks trade was over.   It appears that, indeed, it is. The Nikkei crashed by over 6% on Thursday, pushing it well into bear market territory.  It’s now down by more than a quarter from its recent highs. And the yen?  It has rallied...Read More

Charles Sizemore discusses the latest trade in his Tactical ETF Portfolio with Covestor’s Mike Tarsala.Read More

If you are to believe U.S. politicians and talk radio hosts, China’s renminbi is managed by a sinister cabal of James Bond villains who intentionally suppress the value of the currency to give their manufacturers an advantage and to hollow-out U.S. manufacturing.   While that view of China’s ruling Communist Party isn’t completely fantastical, the...Read More

When it comes to quantitative easing, Fed Chairman Ben Bernanke is playing AA minor league ball at best.  If he ever wants to make the big leagues, he needs to take batting practice with Japan’s new central bank governor, Haruhiko Kuroda. In addition to the “usual” quantitative easing actions of buying government bonds, the Bank...Read More

The fiscal cliff has been getting most of the media attention these days.  And when not fretting over U.S. political gridlock, investors have turned their attention to Europe. But the real crisis brewing—and the one that no one seems to notice—is in Japan.  The land of the rising sun is a ticking time bomb, and...Read More