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This quote is just one of 9 total Lee Ferridge quotes in our collection. Lee Ferridge is known for saying 'It was a knee-jerk reaction after the reports of an earthquake.' as well as some of the following quotes.
The question is: Is it economic recovery or government spending [that has boosted the yen recently]? I tend to think it's the latter. There is little incentive to buy Japanese stocks at the present time, and really, little incentive to buy yen.
Without fresh good news on the U.S., the current account worries come back to the fore so people worry about the dollar. With stocks it's a question of how much good news is already priced in.
This quote is just one of 9 total Lee Ferridge quotes in our collection. Lee Ferridge is known for saying 'It was a knee-jerk reaction after the reports of an earthquake.' as well as some of the following quotes.