Simple's Green Room

[gitonwithit]

I've been thinking about the take on nfp on both sides and given good news I can see the taper thought and given bad news I can see the taper thought too. Given what we've seen in Japan I think either one will be negative for stocks. More qe would almost certainly IMO impact corp profits and especially the consumer. They've "supposedly" kept the lid on inflation so far but it depends on which statistics you look at.

With Japan it's hard to pin down the cause but look back at 2008 and look what happened

http://www.reuters.com/article/2008/10/10/markets-japan-jgb-idUST17770820081010

Maybe it's a loss of faith, maybe it's safety, preserving assets, liquidation, margin calls, who knows. So assets coming out of Japan cause a bid where? Bonds, equities, treasuries, metals? Who knows