Russell Napier, co-founder of the investment research portal ERIC, said in a recent installment of his "Solid Ground" macro strategy report that investors have been provided with a glimpse of the impact a change in Japanese monetary policy can have on U.S. financial markets.
Russell Napier, co-founder of the investment research portal ERIC, said in a recent installment of his "Solid Ground" macro strategy report that investors have been provided with a glimpse of the impact that a change in "The now evident vulnerability of US equity prices to a rise in the Yen exchange rate warns of the consequences for US asset prices and developed-world asset prices in general from monetary policy changes in the east," Napier said in the Tuesday report.
Cedric Chehab, global head of country risk at research firm BMI, said Friday that a combination of factors have been at play over the past roughly 10 day-period. However, he insisted "corrections like this are absolutely normal" at this time of year.
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