A Record Year For Central Bank Printing
April 30 (Bloomberg) -- On today's "Chart Attack," Janney Montgommery Chief Bond Strategist Guy Lebas discusses total global central bank printing, which has been buoyed recently by Abe-onomics and associated QE insanity in Japan, land of the rising bubble.
Check out this long term Nikkei chart going back to the 1980s. Notice below, after peaking at 39,000 in 1985, it's been a death train to Tokyo for 30 straight years.
Much Pain Grasshopper