Turning point? The financial impact of Japan and Europe central Banks printing money: Friday’s recent action by the Japanese central bank is making the US dollar stronger. Soon Europe’s Central Bank will follow suit and lower the Euro vs the USD. For example Friday’s 2.5% drop in the yen is equivalent to a $1,500 price cut on a Lexus or Acura. European, S. Korea’s and China product prices will soon follow suit as they lower their currencies and decrease purchases of costly US goods imports. This devaluation of currencies will re-accelerate globalization and that jobs, jobs, jobs song will be heard outside the US. MickyD’s anyone.
From Barrons..Options — The Striking Price: Getting Ready for a Forgiving 2015..”The last day for investors to clean up their stock portfolios and make tax-loss sales for 2014 is Nov. 28.” Seems this would be a good time for investors to go Dumpster diving and pick up the stock discards at a discount. Just a thought