What to watch: Monday and Tuesday, May 19-20: Bank of Japan [BoJ] Monetary Policy Meeting; Tuesday, May 20: Monthly Report of (May) Economic and Financial Developments [BoJ]
Ongoing: Earnings season is in the home stretch; 150 announcements are scheduled for Friday (less than 50 are scheduled for the week of May 26); It goes without saying that external factors will continue to impact domestic stocks, however record oil and yen hovering around the ¥105 level have not stopped the Nikkei’s recovery of 14,000. continue reading…
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ASIAN STOCKS HAMMERED ON CONTINUED TIGHTENING CONCERNS
(THE PRAGMATIC CAPITALIST, 1/26/10)
Twenty years ago today in Japan...
(The Mess That Greenspan Made, 12/29/09)