Japanese Elections

The Japanese elections have just concluded yesterday, and a major political change has taken place there. The ruling party: Liberal Democratic Party (LDP), which has been ruling for the last 50 years or so (except for a brief period in 1993) has been defeated by the main opposition: Democratic Party of Japan (DPJ).

DPJ won quite easily scoring 302 out of 480 seats in the lower house, and this comes at the back of a 70% voter turnout, which is the highest in the last two decades.

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Whom Does Ben S. Bernanke Really Work For?

This is a guest post from Taipan Publishing.

Before we get into today’s topic, a quick comment on the state of the market here and now.

There is a bit of debate going round as to whether traders should be anticipating the demise of the epic 2009 market rally… washing their hands of the nutty action entirely… or jumping back in, jack-be-nimble style, to catch a piece of the last hurrah.

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