May 14/14 – Nikkei Puts Warrants – a blast from the past

I will be out the office today, so instead of not posting, I dug up a piece I wrote a couple of years ago. At the time, Japan had just elected Prime Minister Abe. The markets were excited by the prospect that Japan might finally usher in the policies needed to put an end to the decades long deflation. All the interest in trading Japan reminded me of a t…