These Nikkei Bulls Lost a Lot of Money Today

Kyle Bass must be happy today, his predictions of unsustainability of Japan's boom saw the first glimpse of reality. NIKKEI 225 (INDEXNIKKEI:NI225) fell 7.3 percent today, its first such fall in over six months. A string of events and speculations contributed to this shakedown, the most plausible being that many investors just thought this would be an opportune time to take profits as Bernanke hinted . . .

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