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Jeff Gundlach gets in on a recently popular trade - long Japanese equities and short the yen....

Jeff Gundlach gets in on a recently popular trade - long Japanese equities and short the yen. The country is dead in the water, he says, with aggressive currency debasement about the only policy left, and cheap Japanese stocks are set to benefit. The dollar rises to its highest level vs. the yen 8 months, buying ¥82.89.
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Comments (3)
  • ronis100
    , contributor
    Comments (28) | Send Message
     
    gundlach knows what he's doing--someone worth following
    12 Dec 2012, 10:26 AM Reply Like
  • redduke
    , contributor
    Comments (245) | Send Message
     
    Right on target. I have been watching on this pair trade and kept a reasonable positions. It is time to get into the play significantly.
    12 Dec 2012, 05:34 PM Reply Like
  • 7am
    , contributor
    Comments (7) | Send Message
     
    not yet, the yen will strengthen at least once more (I hope) then will fall once the LDP gains full control, again...
    13 Dec 2012, 08:10 AM Reply Like
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