JAPAN’S NIKKEI SURGES ALMOST 4% OVERNIGHT

Stocks in Japan closed almost 4% higher overnight after the Yen decline, investors viewed the Fed comments positively, and gold hit a record.   This confluence of events sent exporters soaring and miners higher.   European shares are opening over 1% higher while Hong Kong closed over 1% higher.  Expect the dollar down stocks up trade to continue tomorrow….This is almost getting too predictable….

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Cullen Roche

Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds. Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances. He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.

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