
The Quiet Bull Market You’re Not Paying Enough Attention To
Via Kevin Muir of “The Macro Tourist” fame
Although US stock markets are getting all the attention, Japan is quietly knocking up against 20-year highs.
In 1995, Nick Leeson bankrupted United Kingdom’s oldest merchant bank with his Nikkei futures trading, but at least he has kept his sense of humour about it. I doubt Barings Bank shareholders find it quite so funny, yet it did give us a thrilling trader-turned-OJ chase through southeast Asia, and a not-half-bad-Ewan-McGregor movie. An