1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Articles (4624) 

Goldman's Jim O'Neil Discusses Bank of Japan's Stance on Inflation and Direction of Yen

January 15, 2013 | About:

One of the more interesting stories to watch play out over the next few years is going to be Japan. Several well-known hedge fund managers have made high conviction bets against Japan's massive debt load that is sustainable only in an ultra-low interest rate world.

Goldman's O'Neill visited with Bloomberg's Tom Keene on the subject of Japan (and other issues):

- Thinks the market is now starting to understand (as shown by yen weakening) that Japan is now very serious about major quantitative easing.

- For the yen to continue to weaken the market will need to see some concrete action.

- A rapidly weakening Swiss franc is showing that the European situation has become more stable.

- He thinks the markets are taking the new Japanese government more seriously because they are able to put a new head in charge of the Bank of Japan.

About the author:


Rating: 2.8/5 (4 votes)


Please leave your comment:

Performances of the stocks mentioned by CanadianValue

User Generated Screeners

Bogdan BednarskiDividends Basic
daftheadersg hk best
henrikLynch inspiret Oct 17
lajor10Low EV/EBITDA
canidPE >50th percentile of INDUSTR
brucexoct 17 user defined screen
AngryQuality Growth cheap
EnjoylifeDad 1
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat