Analyst Pin-board Yen weakens, bond yields rise
- Big move on USD/JPY in the past few trading sessions.
- Economists (or practitioners of what is often called “the dismal science”) have failed to anticipate some of the most severe recessions and best economic recoveries of the last century.
- Mark Twain once wrote, "history doesn't repeat itself, but it often rhymes." Baby boomers who remember the mid-1970s and the pain a commodity shock caused most likely understand that today's turmoil is far from over.
An American humorist and public commentator born in 1835.
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