However, tighter international liquidity will temporary support the 
US dollar. The dollar started to rally, at the same time, bond yields began to move up in early December 2006 and could benefit in 2007 from a repatriation of funds invested overseas. Equally tighter global liquidity could benefit Japanese asset prices on a relative basis. In 2006, the Japanese stock market was one of the world’s worst performing asset classes suffering both from a weak Yen and declining stock prices. Tighter liquidity coming from declining speculative asset classes could end the Yen carry trade and lead to Japanese asset prices out-performing their foreign counterparts.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2006
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
US dollar. The dollar started to rally, at the same time, bond yields began to move up in early December 2006 and could benefit in 2007 from a repatriation of funds invested overseas. Equally tighter global liquidity could benefit Japanese asset prices on a relative basis. In 2006, the Japanese stock market was one of the world’s worst performing asset classes suffering both from a weak Yen and declining stock prices. Tighter liquidity coming from declining speculative asset classes could end the Yen carry trade and lead to Japanese asset prices out-performing their foreign counterparts.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2006
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
