When Governments Get Involved, All Bets Are Off

Granted it’s a bit a cheap shot to choose USDJPY, where the forecast distribution looks more like the Manhatton skyline than a bell curve, but with the market only being right twice in the last eighteen quarters, you can’t help but fee that when governments and central banks get involved in markets, strategists should take a long sabbatical…”

–James von SScreenShot002omson, Portfolio Manager at Thurleigh Investment Managers

Advertisements
%d bloggers like this: