Weimar Nikkei Rips Higher

05/22/13 03:54PM EDT

We had more rip-roaring fun in Japan overnight where the Weimar Nikkei shot up another 1.6%. That brings the index up +51.5% year-to-date. That’s just inside Venezuela which is also devaluing its currency.

I suppose the lesson here is if you really want your stock market to rip, burn your country’s currency. Just hope people don’t pay attention to historical analysis in terms of how that might all end. 

Weimar Nikkei Rips Higher - JP.VN

© 2020 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.