Thursday, May 31, 2007
MoF/BoJ - Tag-Team Duo Extraordinaire
In clasic WWF tag-team fashion BoJs Kiyohiko "The Shredder" Nishimura and Chief FX MoFFin Hiroshi "Mighty Hawk" Watanabe pounded on potential oppostion to the status quo of nearZIRP (tm), capital flight, high Japanese fiscal deficits, and a weak yen today with a barrage of assuagement and hyperbole that telegraphed a very important message to the Community of Highly Leveraged Financial Speculators: "Go For It! Do More! Don't Worry Be Happy!! The Force is With You!"
Hmmmm. Wonder what that will do to Yen vol...