Editor's Note: The chart and brief excerpt below are from today's Early Look which was written by Hedgeye CEO Keith McCullough. Click here if you would like to join our contrarian team and begin getting a step or two ahead of consensus.
...“So,” since 90 TRILLION Yen in money printing + the 3 arrows of “Abenomics” isn’t working, what did the Japanese announce overnight? “Three More Arrows”!
I seriously couldn’t make that up if I tried. And if a spend more than another sentence on what the 3 “new” policies are, today’s note is going to turn into a joke (1. “Stronger Economy” 2. “Welfare” and 3. “nominal GDP target of 600T Yen”).
Best of luck with that, dudes.