iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,443 Blog Posts

Cramer: ‘BOJ Actions Are Bad For Us’

I talked about this earlier this morning. The Bank of Japan’s actions are not in our best interest. They are manipulating their currency, in an effort to steal market share. Ultimately, we lose when the yen drops v the dollar.

Cramer hones in on this and ponders as to why traders are viewing this in a positive light.

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10 comments

  1. edgar

    free carry trade bux, that’s why.

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  2. tradercaddy

    Hey Fly.
    Slow down with the caffeine.
    I’m having a hard time keeping up with the posts.
    It’s like you are getting paid by the word.

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  3. superpositron

    Its the fucking end game!

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  4. cali24dog

    don’t you think it’s more a reaction to the fact that fed fund future are now saying the fed is on hold for all of 2016….

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  5. infinitezuul

    The higher the dollar goes the higher stocks rally.

    Maybe my dollar thesis is wrong.

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  6. Trent J

    Cramer is about a week ago from going Cramer ala 2008/2009.

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  7. zerosum

    I have no idea why anyone looks at Cramer based on track record and his own professional history. But I’ve looked at a couple of the clips posted here this week and I have to say he seems far more articulate than he did years ago. Less cocaine?

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  8. MoonshineDelight

    “Cramer hones in on this and ponders as to why traders are viewing this in a positive light.”

    Maybe because they believe a similar policy could be adopted at banks near you.

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  9. chuck bennett

    I agree with moonshine

    Regards

    Chuck

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