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Home > USDJPY 102 Sends S&P To New Record High

USDJPY 102 Sends S&P To New Record High

By Tyler Durden
Created 03/04/2014 - 09:58
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 03/04/2014 09:58 -0500



 

What? Us worry? Thanks to the magic of the 102.00 USDJPY tractor beam, the S&P 500 has decided that Ukraine is fixed, the worst macro data in 6 years, and a rapidly tumbling expectation of US GDP is just enough "news" to warrant BTFATH.  Thanks to an epic squeeze of the shorts, once again, stocks are at all-time highs... rinse, repeat...

Spot the Difference...

[5]

 

As the squeeze is on once again...

[6]

 

Charts: Bloomberg

 

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Source URL: http://www.zerohedge.com/news/2014-03-04/usdjpy-102-sends-sp-new-record-high

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[5] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/03/20140304_BTFATH1.png
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