YEN intervention alert!
Last time this happened (1985-1987), US stocks went :
- S&P 500 +90%
- Nasdaq +63%
Dollar fell, liquidity expanded, stocks rallied
Crash came later (Oct 1987) due to program trading
History rhyming?
Last time this happened (1985-1987), US stocks went :
- S&P 500 +90%
- Nasdaq +63%
Dollar fell, liquidity expanded, stocks rallied
Crash came later (Oct 1987) due to program trading
History rhyming?