Dipped my toes into EWJ today. Wanted DXJ for the currency hedge but it's even longer in the tooth. I think it's finally time to buy Japan; talk to me in 10 years.
Dipped my toes into EWJ today. Wanted DXJ for the currency hedge but it's even longer in the tooth. I think it's finally time to buy Japan; talk to me in 10 years.
Originally Posted by billyshelby
I think Japan is going to outperfom China in spades in the coming decade. . .. simply because it is the dominant competitor to an unwelcome new big bully in East Asia/Pacific Rim. Look for Japan once again. . . .like the run-up to WWII, enjoying strong relations with south Asian countries like Viet Nam, Thailand, Indonesia, the Philippines and Taiwan. Oh, yeah, they won't have Manchuria this time, but South Korea and Australia will be looking for stronger, and this time voluntary relations. Few people realize that China can never dominate the region on the basis of nationalism or cultural dominance, or military strength. The outlying bordering nations have the same population, and better management. And more freedom.
The fact remains that all these countries have large Chinese populations who don't like the communist bully. And they will be impossible to dominate by central planners. . . .
http://www.forbes.com/sites/johndobo...rtner=yahootix
Shiza! They're going to buy Japanese stocks now.
Embrace the race and enjoy the ride.
Pretty messed up in my view, but considering the problems they've had for decades, it almost seems justified to try anything really if they aren't going to restructure completely.
On another note, WLT ended up taking a big juicy coal dump. Good thing it went up 15-20% two or three days after I made that trade like I thought it would and I was able to get out and go with the Call buys strategy. So now when I have to eat those calls at least it's coming from a portion of the profits from that trade and not other money I had.
What's so messed up about it? They have been running a trade deficit.
Arrt, dickey, time to put together a short treasury derivative. Got any ideas?
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