Albert Edwards: Yen Collapse Will Lead To “New Round Of Currency Turmoil”, Deflation In US And Eurozone

by Tyler Durden
ZeroHedge.com
06/02/2015

One look at FX trading this morning and all one can see is surging volatility and, for lack of a better word, turmoil. Which is precisely what Albert Edwards said would happen in his latest note overnight (released just as the USDJPY briefly breached 125) in which he observes that the Yen has now fully broken its 30-year support and predicts that “a new round of currency turmoil” is beginning.

The Rest…HERE

This entry was posted on Tuesday, June 2nd, 2015 at 11:35 am and is filed under Economics, Government Evil, New World Order, World Politics. You can follow any responses to this entry through the RSS 2.0 feed.