Investment to walk royal road(Part#8545):Stock is Brain!, by Keitaro Hasegawa

Yesterday I purchased a new book of Keitaro Hasegawa who is. We promise that he's as for its economist who can say much in Japan. On the other hand, the book which I found intriguing was written in Japanese. I decided to present abridgment's component to our owncliqforexmembers now.

From pages of questions and replies:

Q(a member of Hasegawa's team): How will be the yen?
A(Mr.Hasegawa):The yen is depreciation of the yen so far as yen carry follows. This trend is unchanged for the duration, I think.
Yen carry is that people borrow the yen of low interest rate and transform yen to other currencies and speculate in huge amounts. Depreciation of the yen continues as far as this proceeds. You may have you feel that this mechanism persists unchanged.

Q: A price of crude oil falls, but where do the capital proceed?
A: Oil is a product. If it increases in price, it becomes unsellable.
A buyer is going to suppress comsumption as much as possible. It increases. If it increases in price, a change cannot but happen for equilibrium and you may think it is normal to come over.
I tell you straight, there are two points this speculation capital proceed. One is a flow to project fund via bond market. Another is equity investment.
In case you didn't know, not only New York Dow but also the Asian stock prices upgrade a high price. It's Japan in nations which do not rise into a new-high. It must be since the capital which transferred to commodity speculation flow to the stock markets. Then I say project fund via bond market, it will cost 1 billion euro to should build Baltic Sea's undersea pipeline. Therefore a bond that is long-term is published by them and increase a fund. You may believe investment capital changes to this long-term bond.

Q: Investments into the Euro appear to increase as a result the euro is brisk. Even though there are relations with the dollar, too, for your European key currencies, please inform the future of the Euro.
A: As you know, Euro is European common currency, but Euro does not have a lot of strength fixed as the caliber of the European economy or foundation perfectly. In some ways it's only a local currency. It can't replace a US dollar. Please settle for things is hopeless.
Despite this, euro is maintained running stably relatively and euro rises firmly against US dollar. The prime reason being that the mechanism which Middle Eastern oil money enters euro initially and can be redistributed over world out there functions.
A euro goes to Frankfurt(Germany) specifically. And this time is passing in different markets. Or euro goes into London and input a pound. You may think the reason that GBP is strengthened relatively is due to continuing without inflow's of oil cash stopping.

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Yesterday I purchased a new book of Keitaro Hasegawa who's an international economist with the inventory investor whom we admired for several decades. We assert that he is in Japan as for its reliable economist who will say so much. The book which I found intriguing was written in Japanese. I decided to present the part of abridgment now.

From pages of queries and answers:

Q(a member of Hasegawa's club): How will be the yen?
A(Mr.Hasegawa):The yen is depreciation of the yen so far as yen carry follows. This tendency is unchanged for the duration, I think.
Yen carry is that folks borrow the yen of reduced interest rate and change yen to other currencies and speculate in huge sums. Depreciation of the yen continues up to this continues. You may have you feel that this mechanism persists unchanged.

Q: A price of crude oil drops, but where do the funds move?
A: Oil is a product. If it increases in price, it becomes unsellable.
A buyer is going to suppress comsumption as much as possible. A vendor increases it. If it increases in price, a switch cannot but occur by all means for supply-demand equilibrium and you may think that it's normal to think about.
I tell you straight, there are two points that this speculation funds move. One is a flow to project finance through bond market. Another is equity investment.
In case you did not understand, not only New York Dow but also the Asian stock prices upgrade a high price. It's only Japan in developed nations which do not rise to a new-high. It must be because the funds that moved to commodity speculation flow to the stock markets. I say project finance via bond market, it will cost 1 trillion euro to should build Baltic Sea's undersea pipeline. So they raise a fund and also publish a long-term bond. You may believe this bond that is long-term is changed to by investment funds.

Q: Investments to the Euro seem to increase as a result that the euro is brisk. Although there are relations with the dollar, also, for your European key currencies, please inform the future of the Euro.
A: As you know, Euro is European foreign currency, but Euro does not have a lot of strength fixed since the standard of the European economy or basis perfectly. In some ways it's only a local currency. It can't substitute a US dollar. For things is impossible, please settle.
Despite this, euro is maintained running stably relatively and euro climbs ardently against US dollar. The prime reason that the mechanics that Middle Eastern oil currency enters euro initially and can be redistributed over entire world out there functions.
A euro goes to Frankfurt(Germany) specifically. And this time is passing in different markets. Or euro goes to London and input a pound. You may think the rationale that GBP is bolstered comparatively is due to continuing without inflow's of oil cash quitting.

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Thank you for the translation.
Interesting He believes the Euro is a local currency

Really good fundamental, does Keitaro Hasegawa have some book translated in english?
Do you other book(in eglish) which are fx-fundamental associated?

Thanks for the article.

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The prime reason being that the mechanics that Middle Eastern oil money enters euro first and is redistributed over entire world out there functions.
A euro goes to Frankfurt(Germany) specifically. And this time is passing at other markets. Or euro goes to London and enter a pound. You might think the reason that GBP is strengthened relatively is because of ongoing without inflow's of oil money stopping.

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Does the author say the reason why this happens?