Yen Drops to Lowest Level Since 1986

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The yen tumbled to the weakest level since 1986, raising speculation authorities may act to support the currency again. BlackRock's Wei Li is on "Bloomberg Surveillance."
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She makes a fine politician by not answering the question. Japans debt to GDP is bigger than Venezuela. The only tool they have is interest rates, and higher interest rates will mean higher interest on their debt. By all means, it may kick the can down the road, but its a recipe for disaster. The Dollar is going to continue higher as countries like Japan have to sell treasuries to prop up their own currency. Interest rates in America will go higher, not lower like these government sponsored journalists known as the squawking heads would deceive you. Repatriated Dollars are highly inflationary. Dedollarization will continue, the trend is your friend. The stock market as over valued as it is will continue higher.

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Don't believe in this guy. Whatever he says never proved correct.

naherf