Last quote by Koichi Yoshikawa
Koichi Yoshikawa quotes
U.S. labor markets are firm, with the pool of labor expanding but pressure on wages is hardly rising. We have been seeing this for a long time and unless it changes, markets will focus more on Yellen's stance.
After the Group of 20 meeting and China's parliament meeting, markets got confirmation that policymakers will take necessary steps in monetary, fiscal policy. That is reassuring markets and investors funds' that had fled to the U.S. markets are returning to high-yielding currencies and emerging markets.
The fall in markets is stemming from worries about China, oil and so on. And now people think policymakers will try to stop that with monetary easing. The problem is that monetary easing has succeeded in supporting financial markets but not necessarily the real economy.