Big News out of the Central Banks
Primary concern - inflation is too low
no policy to "correct" the problem
Preparing markets for additional stimulus
Japanese Central Bank Doublespeak
Japanese sales tax hike postponed
Continued calls for more inflation
Why is sales tax is different than inflation?
Mandating "stability" by increasing inflation?
Chinese Central Bank
Cut interest rate to 5.6%
Money flows to the dollar as a hedge because the market believes the Fed
Gold has not dropped much against the dollar and has risen against other currencies