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Dow still moving nearly lockstep with yen


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#1 johngeorge

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Posted 30 August 2007 - 08:15 AM

http://finance.yahoo...&t=...=l&c=^DJI
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#2 phil_hubb

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Posted 30 August 2007 - 09:33 AM

Yen vs global equities. Which is the chicken, which is the egg? My first inclination looking at this was to presume that the yen is in the driver's seat. But I'm not so sure.

#3 johngeorge

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Posted 30 August 2007 - 11:34 AM

Yen vs global equities.
Which is the chicken, which is the egg?

My first inclination looking at this was to presume that the yen is in the driver's seat. But I'm not so sure.


phil
On a short term basis, a few weeks, I believe the Yen is in the drivers seat. Over the long term, one or more years, I'm not sure either. :D
Best to you
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