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Boom/Gloom Index hits record high as western financial markets soar

9 December 2013

The best view is always from the top of the mountain.  At least that is how it feels today, with this month’s IeC Boom/Gloom Index (blue column) hitting a record high.  Nor it is alone, as the S&P500 (red line), the world’s most important financial market index is also at record levels. Central banks broke […]

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Financial markets reach the ‘melt-up stage’

20 May 2013

A month ago, the blog highlighted the potentially major implications of the Bank of Japan’s (BOJ) push to devalue the yen as follows:

“However, the BOJ has a slightly different agenda. It aims to devalue the yen, not the US$. And the yen has already f…