The MacroTourist

The MacroTourist

LIKE A CHUMP

Kevin Muir's avatar
Kevin Muir
Apr 28, 2016
∙ Paid
http://themacrotourist.com/images/YenTradersApr2816.png

Well that’s embarrassing. Like a complete chump, I fell for the “Kuroda will once again over deliver” story. Yet not only did Kuroda fail to over deliver, he whiffed so badly traders are wondering if the King of Monetary Ease has lost his touch.

Instead of meeting expectations with further easing, the Bank of Japan completely passed at last night’s meeti…

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