helicopter money: Our Chart of the Day provides a closer look at the damage inflicted on dollar/yen so far, according to Market Watch. Stock futures are stepping back just a little, and it remains to be seen how investors will cope with the stimulus rug potentially being pulled from Japan. BOJ Governor Haruhiko Kuroda told BBC Radio 4 that there is no need for or possibility of helicopter money, and that sent the yen soaring. Not good for markets now that Kuroda admitted that. Whether markets can stay on track for another win may depend on today crop of earnings, and there are plenty of those. Market rally past 2 weeks was because of it https://t.co/5WXn9EqpSN— 500pages Aday July 21, 2016 The Dow and S&P 500 closed at fresh record highs on Wednesday.
(news.financializer.com). As
reported in the news.
Tagged under helicopter money, bbc radio topics.