Friday, October 31, 2014

"The Most Important Chart For Investors" Flashback, And Why USDJPY 120 Is Now Coming Fast

http://www.zerohedge.com/news/2014-10-31/most-important-chart-investors-flashback-and-why-usdjpy-120-now-coming-fast

Back in late September, we posted what Albert Edwards thought at the time was "The Most Important Chart For Investors" which was quite simply, a chart of the USDJPY.  Considering the BOJ's overnight move, he was absolutely correct. So for all those who missed it, here it is again, because it explains not only where the Yen is headed next, but why, sadly, this could well be the end of Japan and the mirage of a recovery that has had everybody hypnotized for the past 6 years.

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