28 Quotes by Russell Jones

Dollar/yen has responded to horrific weakness in data which has continued over the last business day in Japan. Machinery orders were a bit of a horror story.

That kicked into the equities market. Around 25 percent of bank profits come through bond holdings. If they are losing these capital gains then the banks are hit. People then started selling the yen because I think they started fearing things are not smelling too good here.

The Bank of Japan is fiddling at the edges with existing policy, but this isn't a quantitative easing, ... a fairly significant set of steps.

It's clear that Mr. McGee lied under oath. He should be prosecuted for domestic violence against Ms. Rucker and for perjury.

It was a flow-over from yesterday's news that the LDP and the Liberal party are working towards a coalition and as part and parcel of that they are looking at further reductions in tax cuts,

These numbers are much better than anticipated. It is difficult to explain from the data we already have.

I don't see anything that retailers are doing significantly swaying people's decisions at this point.

The major driving factors for the equity market were probably the upward finish on Wall Street and the IBJ announcement,

The dynamic of the move in stocks is you have an extremely bombed-out market coupled with a central bank that has taken a slightly more adventurous approach to monetary policy. But in overall macro terms, the place is still a complete and utter economic disaster.