• Investing Insights & Exclusive Offers → Get Our FREE “Market Brief”
    Sign-up for our free weekly newsletter. Get unparalleled investing insights and exclusive Summer Sale discounts on Hedgeye research.

    Disclaimer: By joining our email marketing list you agree to receive marketing emails from Hedgeye. You may unsubscribe at any time by clicking the unsubscribe link in one of the emails. Use of Hedgeye and any other products available through hedgeye.com are subject to our Terms Of Service and Privacy Policy

With the announcement being made that the Bank of Japan would begin a $1.4 trillion stimulus project over the next two months aimed at boosting Japan's economy and inflating its stock market, the Yen is essentially destined for devaluation. As soon as the news hit, the Yen fell in value relative to other currencies (you can see the USD/JPY pair below). Since late 2012, one of our key global macro themes for 2013 has been #QuadrillYen. The BoJ will continue to print money similar to the Federal Reserve's policy of quantitative easing and the currency will be devalued even further as time goes on. That's the name of the game.

#QuadrillYen Evolves - YENMACHINE