The USDJPY is soaring after the latest machinations out of Japan (rumors of helicopter money), and the futures are yawning.
But, even so, the S&P 500 futures are actually off a little — very unusual behavior for a “market” fueled almost entirely by USDJPY and CL.
I’d like to think it’s because TPTB would like us to nail our next downside target. But, I suspect something more important is at work.
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